Laporan Keuangan Konsolidasian dan Informasi Tambahan. Consolidated Financial Statements and Supplementary Information

Laporan Keuangan Konsolidasian dan Informasi Tambahan Consolidated Financial Statements and Supplementary Information

P.T. BANK RESONA PERDANIA DAN ENTITAS ANAK /AND ITS SUBSIDIARY LAPORAN KEUANGAN KONSOLIDASIAN DAN INFORMASI TAMBAHAN/ CONSOLIDATED FINANCIAL STATEMENTS AND SUPPLEMENTARY INFORMATION UNTUK TAHUN-TAHUN YANG BERAKHIR 31 DESEMBER 2012 DAN 2011/ FOR THE YEARS ENDED DECEMBER 31, 2012 AND 2011 DAN LAPORAN AUDITOR INDEPENDEN/ AND INDEPENDENT AUDITORS’ REPORT

P.T. BANK RESONA PERDANIA DAN ENTITAS ANAK DAFTAR ISI

P.T. BANK RESONA PERDANIA AND ITS SUBSIDIARY TABLE OF CONTENTS Halaman/ Page

LAPORAN AUDITOR INDEPENDEN

84 1

INDEPENDENT AUDITORS’ REPORT CONSOLIDATED FINANCIAL STATEMENTS As of December 31, 2012 and 2011 and for the years then ended

LAPORAN KEUANGAN KONSOLIDASIAN Pada tanggal 31 Desember 2012 dan 2011 serta untuk tahun-tahun yang berakhir pada tanggal tersebut Laporan Posisi Keuangan Konsolidasian

86 3

Consolidated Statements of Financial Position

Laporan Laba Rugi Komprehensif Konsolidasian

88 5

Consolidated Statements of Comprehensive Income

Laporan Perubahan Ekuitas Konsolidasian

89 6

Consolidated Statements of Changes in Equity

Laporan Arus Kas Konsolidasian

90 7

Consolidated Statements of Cash Flows

Catatan atas Laporan Keuangan Konsolidasian

92 9

Notes to Consolidated Financial Statements

INFORMASI TAMBAHAN

SUPPLEMENTARY INFORMATION

Daftar I : Informasi Laporan Posisi Keuangan Tersendiri Induk Perusahaan

189 106

Schedule I

Daftar II : Informasi Laporan Laba Rugi Komprehensif Tersendiri Induk Perusahaan

108 191

Schedule II : Parent Company’s Statements of Comprehensive Income

Daftar III : Informasi Laporan Perubahan Ekuitas Tersendiri Induk Perusahaan

109 192

Schedule III : Parent Company’s Statements of Changes in Equity

Daftar IV : Informasi Laporan Arus Kas Tersendiri Induk Perusahaan

110 193

Schedule IV : Parent Company’s Statements of Cash Flows

: Parent Company’s Statements of Financial Position

84 PT Bank Resona Perdania


P.T. BANK RESONA PERDANIA DAN ENTITAS ANAK LAPORAN POSISI KEUANGAN KONSOLIDASIAN 31 DESEMBER 2012 DAN 2011

P.T. BANK RESONA PERDANIA AND ITS SUBSIDIARY CONSOLIDATED STATEMENTS OF FINANCIAL POSITION DECEMBER 31, 2012 AND 2011 Catatan/ Notes

2012 Rp

2011 Rp

ASET

ASSETS

Kas Giro pada Bank Indonesia

5

Giro pada Bank Lain Pihak berelasi Pihak ketiga Jumlah

6 35

Penempatan pada Bank Indonesia dan Bank Lain Pihak ketiga Bunga yang belum diamortisasi Jumlah Efek-efek Pihak ketiga Pendapatan dan biaya yang belum diamortisasi Jumlah Tagihan Derivatif - Pihak ketiga Kredit Pihak ketiga Cadangan kerugian penurunan nilai Bersih

Cash

18.079.790.314

22.964.448.810

672.666.006.456

627.235.044.170

Demand Deposits with Bank Indonesia

19.307.922.842 554.492.093.214 573.800.016.056

20.668.301.847 760.432.165.984 781.100.467.831

Demand Deposits with Other Banks Related parties Third parties Total

7

1.662.226.000.000 (162.371.795) 1.662.063.628.205

1.113.250.027.950 (113.721.571) 1.113.136.306.379

8

198.095.233.687 (3.620.379.025) 194.474.854.662

134.385.880.434 (1.600.520.970) 132.785.359.464

9

13.859.654.884

7.665.799.723

Placements with Bank Indonesia and Other Banks Third parties Unamortized interest Total Securities Third parties Unamortized interest income and expenses Total Derivative Receivables - Third parties Loans Third parties Allowance for impairment losses Net

10

8.254.566.328.881 (100.368.274.176) 8.154.198.054.705

7.048.138.205.807 (120.967.656.748) 6.927.170.549.059

11

196.185.496.158

260.851.769.449

Acceptances Receivable - Third parties

12

322.900.630.587 (134.045.350) 322.766.585.237

278.577.088.680 (124.772.089) 278.452.316.591

Finance Lease Receivables Third parties Allowance for impairment losses Net

Piutang Pembiayaan Konsumen Pihak ketiga Cadangan kerugian penurunan nilai Bersih

843.015.574 (275.349) 842.740.225

2.012.430.768 (796.410) 2.011.634.358

Consumer Financing Receivables Third parties Allowance for impairment losses Net

Tagihan Anjak Piutang Pihak ketiga Cadangan kerugian penurunan nilai Bersih

8.057.408.455 (2.632.731) 8.054.775.724

9.500.000.000 (3.769.347) 9.496.230.653

Factoring Receivables Third parties Allowance for impairment losses Net

7.264.382.301

6.027.050.642

Prepaid Expenses

Tagihan Akseptasi - Pihak ketiga Piutang Sewa Pembiayaan Pihak ketiga Cadangan kerugian penurunan nilai Bersih

Biaya Dibayar di Muka Aset Tidak Lancar Yang Dimiliki Untuk Dijual

13 14,43

Aset Tetap Biaya perolehan Akumulasi penyusutan Jumlah tercatat

14

Aset Lain-Lain

15

JUMLAH ASET

123.998.675.000

39.702.463.712 (31.408.854.831) 8.293.608.881

181.990.854.721 (50.300.210.786) 131.690.643.935

14.301.187.591

16.368.921.344

11.970.849.456.399

10.316.956.542.408

Lihat catatan atas laporan keuangan konsolidasian yang merupakan bagian yang tidak terpisahkan dari laporan keuangan konsolidasian.


-

Non Current Assets Held for Sale Premises and Equipment Cost Accumulated depreciation Carrying value Other Assets TOTAL ASSETS

See accompanying notes to consolidated financial statements which are an integral part of the consolidated financial statements.

-3-


P.T. BANK RESONA PERDANIA DAN ENTITAS ANAK LAPORAN POSISI KEUANGAN KONSOLIDASIAN 31 DESEMBER 2012 DAN 2011 (Lanjutan)

P.T. BANK RESONA PERDANIA AND ITS SUBSIDIARY CONSOLIDATED STATEMENTS OF FINANCIAL POSITION DECEMBER 31, 2012 AND 2011 (Continued) Catatan/ Notes

2012 Rp

2011 Rp

LIABILITAS DAN EKUITAS

LIABILITIES AND EQUITY

LIABILITAS

LIABILITIES

Liabilitas Segera

16

Simpanan Pihak berelasi Pihak ketiga Jumlah

17 35

Simpanan dari Bank Lain Pihak berelasi Pihak ketiga Jumlah

18 35

Liabilitas Derivatif - Pihak ketiga

Liabilities Payable Immediately

75.980.828.870

1.441.111.886

96.546.035 5.433.319.684.774 5.433.416.230.809

379.443.452 4.927.530.581.571 4.927.910.025.023

96.900.018.785 751.000.000.000 847.900.018.785

227.502.880.675 227.502.880.675

9

7.823.961.247

4.942.224.420

Liabilitas Akseptasi - Pihak ketiga

11

197.214.506.867

260.851.769.449

Acceptances Payable - Third parties

Surat Berharga yang Diterbitkan - Bersih

19

597.388.162.729

297.169.933.762

Securities Issued - Net

20,32

18.635.953.512

16.872.510.179

1.336.167.300.000 1.318.778.824.250 2.654.946.124.250

1.506.366.000.000 1.322.702.668.900 2.829.068.668.900

Utang Pajak

Deposits Related parties Third parties Total Deposits from Other Banks Related parties Third parties Total Derivative Payables - Third parties

Taxes Payable

Pinjaman yang Diterima Pihak berelasi Pihak ketiga Jumlah

21 35

Biaya Masih Harus Dibayar

22

36.342.773.563

24.113.975.283

Accrued Expenses

Liabilitas Pajak Tangguhan

32

26.877.480.210

14.628.971.148

Deferred Tax Liabilities

Liabilitas Imbalan Pasca Kerja

23

188.969.806

138.256.414

Liabilitas Lain-Lain

14

159.317.673.224

11.673.793.957

Other Liabilities

10.056.032.683.872

8.616.314.121.096

Total Liabilities

Jumlah Liabilitas

Borrowings Related parties Third parties Total

Post-Employment Benefits Obligation

EKUITAS

EQUITY

Modal Saham - nilai nominal Rp 100.000 per saham Modal dasar - 5.000.000 saham Modal ditempatkan dan disetor 2.850.000 saham Agio Saham

Capital Stock - Rp 100,000 par value per share Authorized - 5,000,000 shares Issued and paid-up - 2,850,000 shares Additional Paid-in Capital Difference in Value from Restructuring Transaction among Entities under Common Control Retained Earnings Appropriated Unappropriated Equity Attributable to Equity Holders of the Parent Entity

Selisih Nilai Transaksi Restrukturisasi Entitas Sepengendali Saldo Laba Ditentukan penggunaannya Belum ditentukan penggunaannya Ekuitas yang Dapat Diatribusikan kepada Pemilik Entitas Induk

24

285.000.000.000 116.788.145.625

285.000.000.000 116.788.145.625

25

(13.631.394.437)

(13.631.394.437)

Kepentingan Non-Pengendali Jumlah Ekuitas JUMLAH LIABILITAS DAN EKUITAS

1.158.845.757.883 367.806.949.621

962.192.741.150 350.286.406.494

1.914.809.458.692

1.700.635.898.832

7.313.835

6.522.480

1.914.816.772.527

1.700.642.421.312

11.970.849.456.399

10.316.956.542.408


Non-Controlling Interest Total Equity TOTAL LIABILITIES AND EQUITY


-4-


PT Bank Resona Perdania

87

P.T. BANK RESONA PERDANIA DAN ENTITAS ANAK LAPORAN LABA RUGI KOMPREHENSIF KONSOLIDASIAN UNTUK TAHUN-TAHUN YANG BERAKHIR 31 DESEMBER 2012 DAN 2011 2012 Rp

PENDAPATAN DAN BEBAN OPERASIONAL Pendapatan Bunga Bunga yang diperoleh Provisi dan komisi

640.851.176.356 13.978.320.055

Jumlah pendapatan bunga

654.829.496.411

Beban Bunga Bunga yang dibayar Provisi dan komisi Premi penjaminan

234.897.298.515 1.968.046.149 11.017.465.674

Jumlah beban bunga Pendapatan Bunga - Bersih Pendapatan dan Beban Operasional Lainnya Pendapatan operasional lainnya Keuntungan transaksi mata uang asing - bersih Provisi dan komisi lainnya Lain-lain - bersih Jumlah Pendapatan Operasional Lainnya Beban cadangan kerugian penurunan nilai Beban Operasional Lainnya Umum dan administrasi Tenaga kerja Provisi dan komisi lainnya Jumlah Beban Operasional Lainnya Beban Operasional Lainnya - Bersih LABA OPERASIONAL

2011 Rp

584.952.535.466 14.313.593.477 599.266.128.943

Total interest revenues

210.352.139.234 1.829.442.401 9.169.463.672

Interest Expenses Interest incurred Fees and commissions Guarantee premium

247.882.810.338

221.351.045.307

Total interest expenses

406.946.686.073

377.915.083.636

Interest Revenues - Net

26

27 41

Other Operating Revenues and Expenses Other operating revenues 76.002.910.250 29.597.377.808 2.566.646.537

28

108.166.934.595

54.615.548.376 31.400.233.078 15.220.839.588 101.236.621.042

12.154.841.804

Provision for allowance for impairment losses

63.508.523.609 69.579.106.847 12.342.032.642

30 31

58.307.313.225 62.740.687.214 10.408.310.681

Other Operating Expenses General and administrative Personnel Other fees and commissions

145.429.663.098

131.456.311.120

Total Other Operating Expenses

39.404.749.009

42.374.531.882

367.541.937.064

335.540.551.754

2.583.837.250

14

370.125.774.314 92.966.103.316

LABA PER SAHAM DASAR/DILUSIAN

2.382.826.374

Total Non Operating Revenues - Net

86.011.605.567

INCOME BEFORE TAX EXPENSE TAX EXPENSE - NET NET PROFIT FOR THE YEAR AND

277.159.670.998

251.911.772.561

277.158.559.860 1.111.138 277.159.670.998 97.249



INCOME FROM OPERATIONS NON-OPERATING REVENUES (EXPENSES) Gain on sale of premises and equipment Rental income Others - net

337.923.378.128 32

Other Operating Expenses - Net

1.916.946.885 465.879.489

LABA BERSIH TAHUN BERJALAN DAN

LABA BERSIH DAN JUMLAH LABA KOMPREHENSIF YANG DAPAT DIATRIBUSIKAN KEPADA : Pemilik entitas induk Kepentingan non pengendali

Total Other Operating Revenues

29

Jumlah Pendapatan Non Operasional Bersih

JUMLAH LABA KOMPREHENSIF

Gain on foreign exchange - net Other fees and commissions Others - net

2.142.020.506

33.786.364 2.761.000.439 (210.949.553)

BEBAN PAJAK - BERSIH

Catatan/ Notes

OPERATING REVENUES AND EXPENSES Interest Revenues Interest earned Fees and commissions

PENDAPATAN (BEBAN) NON OPERASIONAL Keuntungan atas penjualan aset tetap Pendapatan sewa Lain-lain - bersih

LABA SEBELUM BEBAN PAJAK

P.T. BANK RESONA PERDANIA AND ITS SUBSIDIARY CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME FOR THE YEARS ENDED DECEMBER 31, 2012 AND 2011

251.910.887.800 884.761 251.911.772.561 33

88.390

TOTAL COMPREHENSIVE INCOME

NET INCOME AND TOTAL COMPREHENSIVE INCOME ATTRIBUTABLE TO : Equity holders Non-controlling interest

BASIC/DILUTED EARNINGS PER SHARE


- 5 - dan Informasi Tambahan Consolidated Financial Statements and Supplementary Information Laporan Keuangan Konsolidasian

285.000.000.000

Saldo per 31 Desember 2011

-

-

116.788.145.625

-

-

34

285.000.000.000

-

-

34



Dividen tunai Kepentingan non pengendali atas aset bersih entitas anak Pembentukan cadangan umum Laba bersih tahun berjalan dan jumlah laba komprehensif

-

-

116.788.145.625

-

116.788.145.625

-

34 34

285.000.000.000

Modal Saham/ Paid-up Capital Rp

Dividen tunai Pembentukan cadangan umum Laba bersih tahun berjalan dan jumlah laba komprehensif

Saldo per 1 Januari 2011

Catatan/ Note

Agio Saham/ Additional Paid-in Capital Rp

P.T. BANK RESONA PERDANIA DAN ENTITAS ANAK LAPORAN PERUBAHAN EKUITAS KONSOLIDASIAN UNTUK TAHUN-TAHUN YANG BERAKHIR 31 DESEMBER 2012 DAN 2011

(13.631.394.437)

-

-

-

(13.631.394.437)

-

-

(13.631.394.437)

Selisih Nilai Transaksi Restrukturisasi Entitas Sepengendali/ Difference in Value from Restructuring Transaction among Entities under Common Control Rp

1.158.845.757.883

-

196.653.016.733

-

962.192.741.150

-

117.400.000.000

844.792.741.150

-6-

367.806.949.621

277.158.559.860

(196.653.016.733)

(62.985.000.000)

350.286.406.494

251.910.887.800

(85.001.250.000) (117.400.000.000)

300.776.768.694

Saldo Laba/Retained Earnings Ditentukan Belum Ditentukan Penggunaannya/ Penggunaannya/ Appropriated Unappropriated Rp Rp

1.914.809.458.692

277.158.559.860

-

(62.985.000.000)

1.700.635.898.832

251.910.887.800

(85.001.250.000) -

1.533.726.261.032

884.761

(319.783)

7.313.835

1.111.138

-

-

6.522.480

-

5.637.719

Ekuitas yang Dapat Diatribusikan ke Pemilik Entitas Induk/ Equity Attributable to Kepentingan Equity Holders Non-pengendali/ of the Parent Entity Non-controlling Interest Rp Rp

(319.783)

Balance as of December 31, 2012

Cash dividends Net assets of subsidiaries attributable to non-controlling interest Appropriation for general reserve Net profit for the year and total comprehensive income


Cash dividends Appropriation for general reserve Net profit for the year and total comprehensive income

Balance as of January 1, 2011


1.914.816.772.527

277.159.670.998

-

(62.985.000.000)

1.700.642.421.312

251.911.772.561

(85.001.250.000) -

1.533.731.898.751

Jumlah Ekuitas/ Total Equity Rp

P.T. BANK RESONA PERDANIA AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY FOR THE YEARS ENDED DECEMBER 31, 2012 AND 2011

P.T. BANK RESONA PERDANIA DAN ENTITAS ANAK LAPORAN ARUS KAS KONSOLIDASIAN UNTUK TAHUN-TAHUN YANG BERAKHIR 31 DESEMBER 2012 DAN 2011

P.T. BANK RESONA PERDANIA AND ITS SUBSIDIARY CONSOLIDATED STATEMENTS OF CASH FLOWS FOR THE YEARS ENDED DECEMBER 31, 2012 AND 2011 2012 Rp

ARUS KAS DARI AKTIVITAS OPERASI Laba sebelum beban pajak Penyesuaian untuk: Pendapatan bunga Beban bunga Beban cadangan kerugian penurunan nilai

2011 Rp

370.125.774.314

337.923.378.128

(640.851.176.356) 234.897.298.515

(584.952.535.466) 210.352.139.234

2.142.020.506

12.154.841.804

6.071.403.595 9.207.039.100 (33.786.364)

4.857.723.796 6.834.865.509 -

4.359.324.491 1.547.728.966

2.749.821.820 1.386.587.095

(12.534.373.233)

(8.693.178.080)

(56.975.972.051) (1.233.521.235.052) (6.193.855.161) 64.666.273.291 (44.323.541.907) 1.169.415.194 1.442.591.545 5.830.631.801 74.539.716.984 505.506.205.786 2.881.736.827 1.763.443.333 (63.637.262.582) (9.156.325.708) 196.215.451.106

(1.300.011.207) (848.383.509.780) 1.963.539.321 24.719.073.733 (51.705.024.748) 577.139.507 (567.513.889) 9.882.105.930 240.870.212 743.735.525.946 (484.801.965) 2.047.942.340 (24.719.073.733) (6.795.656.056) 35.817.799.652

Kas yang Digunakan untuk Aktivitas Operasi Pembayaran pajak penghasilan Bunga yang diterima Bunga yang dibayar

(572.327.099.827) (80.717.594.254) 635.850.946.649 (271.240.072.078)

(123.664.772.817) (75.716.454.381) 580.765.481.158 (234.466.114.517)

Kas Bersih Diperoleh dari (Digunakan untuk) Aktivitas Operasi

(288.433.819.510)

146.918.139.443

ARUS KAS DARI AKTIVITAS INVESTASI Pencairan (penempatan) efek-efek

(141.379.572.205)

74.709.135.354

Penyusutan aset tetap dan aset lain-lain Beban imbalan pasca kerja Keuntungan atas penjualan aset tetap Selisih kurs atas cadangan kerugian penurunan nilai Amortisasi atas biaya emisi Arus kas operasi sebelum perubahan modal kerja Perubahan modal kerja: Penempatan pada Bank Indonesia dan bank lain Kredit Tagihan derivatif Tagihan akseptasi Piutang sewa pembiayaan Piutang pembiayaan konsumen Tagihan anjak piutang Aset lain-lain Liabilitas segera Simpanan Liabilitas derivatif Utang pajak Liabilitas akseptasi Liabilitas imbalan pasca kerja Liabilitas lain-lain

Hasil penjualan aset tetap Perolehan aset tetap Kas Bersih Diperoleh dari (Digunakan untuk) Aktivitas Investasi

33.786.364 (6.673.043.541) (148.018.829.382)



CASH FLOWS FROM OPERATING ACTIVITIES Income before tax expense Adjustments for: Interest revenue Interest expense Provision for allowance for impairment losses Depreciation of premises and equipment and other assets Post-employment benefits expense Gain on sale of premises and equipment Net foreign exchange loss (gain) on allowance for impairment losses Amortization of issuance cost Operating cash flows before changes in working capital Changes in working capital: Placements with Bank Indonesia and other banks Loans Derivative receivables Acceptances receivable Finance lease receivables Consumer financing receivables Factoring receivables Other assets Liabilities payable immediately Deposits Derivative payables Taxes payable Acceptances payable Post-employment benefits obligation Other liabilities Cash Used in Operating Activities Income tax paid Interest received Interest paid Net Cash Provided by (Used in) Operating Activities

(2.437.909.463)

CASH FLOWS FROM INVESTING ACTIVITIES Settlement (placement) in securities Proceeds from sale of premises and equipment Acquisitions of premises and equipment

72.271.225.891

Net Cash Provided by (Used in) Investing Activities


-7-


P.T. BANK RESONA PERDANIA DAN ENTITAS ANAK LAPORAN ARUS KAS KONSOLIDASIAN UNTUK TAHUN-TAHUN YANG BERAKHIR 31 DESEMBER 2012 DAN 2011 (Lanjutan)

ARUS KAS DARI AKTIVITAS PENDANAAN Kenaikan (penurunan) pinjaman yang diterima Penerimaan (pembayaran) surat berharga yang diterbitkan Kenaikan simpanan dari bank lain Pembayaran dividen Pembayaran dividen tunai entitas anak kepada non-pengendali

P.T. BANK RESONA PERDANIA AND ITS SUBSIDIARY CONSOLIDATED STATEMENTS OF CASH FLOWS FOR THE YEARS ENDED DECEMBER 31, 2012 AND 2011 (Continued) 2012 Rp

2011 Rp

(174.122.544.650) 298.670.500.000 620.397.138.110 (62.985.000.000) (319.783)

1.404.538.650.150 (100.000.000.000) 117.916.307.950 (85.001.250.000) -

CASH FLOWS FROM FINANCING ACTIVITIES Increase(decrease) in borrowings Proceeds from (payment of) securities issued Increase in deposits from other banks Dividend payments Payments of subsidiaries' cash dividends to non-controlling interest

Kas Bersih Diperoleh dari Aktivitas Pendanaan

681.959.773.677

1.337.453.708.100

Net Cash Provided by Financing Activities

KENAIKAN BERSIH KAS DAN SETARA KAS

245.507.124.785

1.556.643.073.434

NET INCREASE IN CASH AND CASH EQUIVALENTS

KAS DAN SETARA KAS AWAL TAHUN

2.420.876.316.246

864.233.242.812

CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR

KAS DAN SETARA KAS AKHIR TAHUN

2.666.383.441.031

2.420.876.316.246

CASH AND CASH EQUIVALENTS AT END OF YEAR

PENGUNGKAPAN TAMBAHAN Kas dan setara kas terdiri dari: Kas Giro pada Bank Indonesia Giro pada bank lain Penempatan pada Bank Indonesia dan bank lain Sertifikat Bank Indonesia Jumlah

18.079.790.314 672.666.006.456 573.800.016.056

22.964.448.810 627.235.044.170 781.100.467.831

1.401.837.628.205 -

909.886.278.429 79.690.077.006

2.666.383.441.031

2.420.876.316.246


SUPPLEMENTAL DISCLOSURES Cash and cash equivalents consist of: Cash Demand deposits with Bank Indonesia Demand deposits with other banks Placements with Bank Indonesia and other banks Bank Indonesia certificates Total


-8-



91

P.T. BANK RESONA PERDANIA DAN ENTITAS ANAK CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN UNTUK TAHUN-TAHUN YANG BERAKHIR PADA TANGGAL 31 DESEMBER 2012 DAN 2011 (Lanjutan)

P.T. BANK RESONA PERDANIA AND ITS SUBSIDIARY NOTES TO CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEARS ENDED DECEMBER 31, 2012 AND 2011 (Continued)

1.

1.

UMUM a.


Pendirian dan Informasi Umum

GENERAL a.

Establishment and General Information

P.T. Bank Resona Perdania (Bank) didirikan berdasarkan akta No. 104 tanggal 31 Desember 1953 dari Raden Meester Soewandi, S.H., notaris di Jakarta. Akta pendirian tersebut telah disahkan oleh Menteri Kehakiman Republik Indonesia dengan Surat Keputusan No. J.A.5/15/11 tanggal 15 Pebruari 1956 dan diumumkan dalam Berita Negara Republik Indonesia No. 168, Tambahan No. 17 tanggal 28 Pebruari 1956.

P.T. Bank Resona Perdania (the “Bank”) was established by virtue of deed No. 104 dated December 31, 1953 of Raden Meester Soewandi, S.H., notary public in Jakarta. The deed of establishment was approved by the Minister of Justice of the Republic of Indonesia through Decision Letter No. J.A.5/15/11 dated February 15, 1956 and was published in State Gazette of the Republic of Indonesia No. 168, Supplement No. 17 dated February 28, 1956.

Berdasarkan Surat Keputusan Menteri Keuangan Republik Indonesia No. 260486/UMII tanggal 23 Desember 1957, Bank memperoleh izin usaha untuk beroperasi sebagai bank umum dan berdasarkan Surat Keputusan Bank Indonesia No. 1/2KEP/DIR tanggal 28 Pebruari 1969 telah disetujui menjadi Bank Devisa.

Based on the Minister of Finance of the Republic of Indonesia‟s Decision Letter No. 260486/UMII dated December 23, 1957, the Bank obtained its license to operate as a commercial bank. Pursuant to Bank Indonesia‟s Decree No. 1/2KEP/DIR dated February 28, 1969, the Bank‟s status was upgraded to a foreign exchange bank.

Sehubungan dengan penggabungan usaha antara The Daiwa Bank Limited selaku pemegang saham mayoritas Bank dengan The Asahi Bank Limited dimana dalam penggabungan usaha tersebut nama The Daiwa Bank Limited, berubah menjadi “Resona Bank Limited”, maka berdasarkan akta perubahan anggaran dasar perseroan No. 15 tanggal 11 April 2003 yang dibuat oleh Notaris Hendra Karyadi, S.H., nama Bank telah diubah menjadi “PT Bank Resona Perdania”. Perubahan Anggaran Dasar tersebut telah disetujui oleh Menteri Kehakiman Republik Indonesia dengan Surat Keputusan No.C-09311HT.01.04.TH.2003 tanggal 29 April 2003 dan diumumkan dalam Berita Negara Republik Indonesia No. 6, tambahan No. 756 tanggal 20 Januari 2004.

In connection with the merger of the Bank‟s majority shareholder, The Daiwa Bank Limited, with The Asahi Bank Limited where the majority shareholder‟s name was changed to Resona Bank Limited, the Bank‟s name was changed to PT Bank Resona Perdania, based on the amendment of the Bank‟s Articles of Association No. 15 dated April 11, 2003 of Notary Hendra Karyadi, S.H., which have been approved by the Minister of Justice through Decision Letter No. C-09311 HT.01.04.TH.2003 dated April 29, 2003, and published in State Gazette of the Republic of Indonesia No. 6, Supplement No. 756 dated January 20, 2004.

Anggaran dasar Bank telah mengalami beberapa kali perubahan, yang terakhir dengan Akta No. 29 tanggal 21 Agustus 2008 dari Sinta Devi Sudarsono, S.H., notaris di Jakarta mengenai penyesuaian atas Undang-Undang No. 40 tahun 2007 tentang Perseroan Terbatas. Perubahan anggaran dasar tersebut telah disetujui oleh Menteri Hukum dan Hak Asasi Manusia Republik Indonesia dalam Surat Keputusan No. AHU-81537.AH.01.02 tanggal 4 Nopember 2008.

The Bank‟s articles of association have been amended several times, the latest by Deed No. 29 dated August 21, 2008 of Sinta Devi Sudarsono, S.H., notary in Jakarta, to conform with Law No. 40 year 2007 on Limited Liability Company. Such amendments were approved by the Minister of Law and Human Rights of the Republic of Indonesia in Decision Letter No. A H U - 8 1 5 3 7 . A H . 0 1 . 0 2 dated November 4, 2008.

Sesuai dengan pasal 3 anggaran dasar Bank, ruang lingkup kegiatan Bank adalah melakukan usaha di bidang perbankan. Bank mulai beroperasi secara komersial pada bulan Pebruari 1958.

In accordance with article 3 of the Bank‟s Articles of Association, the scope of its activities is to engage in the banking industry. The Bank started its commercial activities in February 1958.

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Kantor pusat Bank berlokasi di Gedung Bank Resona Perdania, Jl. Jend. Sudirman Kav. 40 - 41, Jakarta. Bank mempunyai dua kantor cabang di Surabaya dan Bandung serta tiga kantor cabang pembantu berlokasi di Cikarang, Karawang dan Cibitung.

The Bank‟s head office is located in Bank Resona Perdania Building, Jl. Jend. Sudirman Kav. 40 - 41, Jakarta. The Bank has two branch offices located in Surabaya and Bandung and three sub-branch offices located in Cikarang, Karawang and Cibitung.

Jumlah karyawan Bank pada tanggal 31 Desember 2012 dan 2011 masingmasing adalah 281 dan 303 orang.

As of December 31, 2012 and 2011, the Bank had 281 and 303 employees, respectively.

Susunan pengurus Bank 31 Desember 2012 dan sebagai berikut:

The members of the Boards of Commissioners and Directors of the Bank as of December 31, 2012 and 2011 are as follows:

Dewan Komisaris Presiden Komisaris Independen Komisaris Independen Komisaris Dewan Direksi Presiden Direktur Wakil Presiden Direktur Direktur

pada tanggal 2011 adalah

2012

2011

Didi Nurulhuda Abdul Haris Hartanto Cheng Shui-Hee, Garry Atsushi Tahara

Board of Commissioners Didi Nurulhuda Independent President Commissioner Abdul Haris Hartanto Independent Commissioner Cheng Shui-Hee, Garry Commissioner -

Akihiro Miyamoto Shiro Saito Jojo Prajoga* Marie Ito Iding Suherdi Masahiro Ishii Muhammad Akbar

Akihiro Miyamoto Shiro Saito Jojo Prajoga* Marie Ito Iding Suherdi -

Board of Directors President Director Vice President Director Directors

* Direktur yang membawahkan Fungsi Kepatuhan * Director in-charge for Compliance Function

b.

Entitas Anak

b.

Bank memiliki entitas anak sebagai berikut:

Entitas Anak/ Subsidiary P.T. Resona Indonesia Finance (RIF)

Domisili/ Domicile Jakarta

Consolidated Subsidiary The Bank owns a subsidiary with details as follows:

Jenis Usaha/ Nature of Business Perusahaan pembiayaan/ Finance Company

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Persentase Pemilikan/ Percentage of Ownership 99,99%


Jumlah Aset/Total Assets 2012 2011 Rp Rp 387.427.974.180

298.398.205.358


93



2.

2.

PENERAPAN STANDAR AKUNTANSI KEUANGAN BARU DAN REVISI (PSAK) DAN INTERPRETASI STANDAR AKUNTANSI KEUANGAN (ISAK) a.

Standar yang berlaku efektif pada tahun berjalan

a.

Dalam tahun berjalan, Bank dan entitas anak telah menerapkan semua standar baru dan revisi serta interpretasi yang dikeluarkan oleh Dewan Standar Akuntansi Keuangan dari Ikatan Akuntan Indonesia yang relevan dengan operasinya dan efektif untuk periode akuntansi yang dimulai pada tanggal 1 Januari 2012. Penerapan standar baru dan revisi serta interpretasi telah berdampak terhadap perubahan kebijakan akuntansi Bank dan entitas anak yang mempengaruhi penyajian dan pengungkapan laporan keuangan konsolidasian untuk tahun berjalan atau tahun sebelumnya: 




PSAK 10 (revisi 2010), Perubahan Kurs Valuta Asing

ADOPTION OF NEW AND REVISED STATEMENTS OF FINANCIAL ACCOUNTING STANDARDS (“PSAK”) AND INTERPRETATION OF PSAK (“ISAK”) Standards effective in the current year In the current year, the Bank and its subsidiary have adopted all of the new and revised standards and interpretations issued by the Financial Accounting Standard Board of the Indonesian Institute of Accountants that are relevant to their operations and effective for accounting periods beginning on January 1, 2012. The adoption of these new and revised standards and interpretations has resulted in changes to the Bank and its subsidiary‟s accounting policies in the following areas, and affected the consolidated financial statement presentation and disclosures for the current or prior years:

Pengaruh



PSAK 10 (revised 2010), The Effects of Changes in Foreign Exchange Rates

Standar revisi ini mengatur tentang mata uang fungsional yaitu mata uang yang mempengaruhi lingkungan ekonomi entitas. Bank harus menentukan mata uang fungsionalnya sesuai dengan ketentuan standar ini dan mengukur hasil usaha dan posisi keuangannya dalam mata uang fungsionalnya.

This revision of the standard set of functional currency is the currency of the primary economic environment in which the entity operates. The Bank has to determine its functional currency in accordance with the standard and measure its results and financial position in that currency.

Manajemen telah mengevaluasi dampak penerapan PSAK 10 dan menetapkan bahwa mata uang fungsional Bank adalah Rupiah.

Management has been evaluating the impact of the application of PSAK 10 and determined that the Bank‟s functional currency is the Rupiah.

PSAK 60, Pengungkapan

Instrumen

Keuangan:



PSAK 60, Disclosures

Financial

Instruments:

Standar baru ini menggantikan persyaratan pengungkapan dalam PSAK 50 (revisi 2006), Instrumen Keuangan: Penyajian dan Pengungkapan .

This new standard supersedes the disclosure requirements of PSAK 50 (revised 2006), Financial Instruments: Presentation and Disclosure.

Standar baru ini mengakibatkan pengungkapan mengenai (a) signifikansi instrumen keuangan terhadap posisi dan kinerja keuangan Bank dan entitas anak, dan (b) sifat dan luasnya risiko yang timbul dari instrumen keuangan yang mana Bank dan entitas anak terekspos selama periode dan pada akhir periode pelaporan, dan bagaimana Bank dan entitas anak mengelola risiko-risiko tersebut (Catatan 40).

This new standard resulted in the disclosures concerning (a) the significance of financial instruments for the Bank and its subsidiary's financial position and performance; and (b) the nature and extent of risks arising from financial instruments to which the Bank and its subsidiary is exposed during the period and at the end of the reporting period, and how the Bank and its subsidiary manages those risks (Note 40).

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Berikut ini standar baru dan standar revisi serta interpretasi yang diterapkan dalam laporan keuangan konsolidasian. Penerapan ini tidak memiliki pengaruh yang signifikan atas jumlah yang dilaporkan dalam laporan keuangan konsolidasian tetapi dapat mempengaruhi akuntansi untuk transaksi masa depan:

The following new and revised standards and interpretations have also been adopted in these consolidated financial statements. Their adoption has not had any significant impact on the amounts reported in these consolidated financial statements but may impact the accounting for future transactions or arrangements:



PSAK 13 (revisi 2011), Properti Investasi





PSAK 16 (revisi 2011), Aset Tetap





PSAK 24 (revisi 2010), Imbalan Kerja





PSAK 26 (revisi 2011), Biaya Pinjaman



 

PSAK 30 (revisi 2011), Sewa PSAK 46 (revisi 2010), Pajak Penghasilan PSAK 50 (revisi 2010), Instrumen Keuangan: Penyajian PSAK 53 (revisi 2010), Pembayaran Berbasis Saham PSAK 55 (revisi 2011), Instrumen Keuangan: Pengakuan dan Pengukuran

 



PSAK 56 (revisi 2011), Laba per Saham





ISAK 15, PSAK 24-Batas Aset Manfaat Pasti, Persyaratan Minimum dan Interaksinya





ISAK 20, Pajak Penghasilan – Perubahan dalam status Pajak Entitas atau Para Pemegang Sahamnya ISAK 23, Sewa Operasi – Insentif ISAK 24, Evaluasi Substansi Beberapa Transaksi yang Melibatkan Suatu Bentuk Legal Sewa ISAK 25, Hak Atas Tanah ISAK 26, Penilaian Ulang Derivatif Melekat



  

    b.

  

   

PSAK telah diterbitkan, tapi belum berlaku efektif

c.

PSAK 13 (revised 2011), Investment Property PSAK 16 (revised 2011), Property, Plant and Equipment PSAK 24 (revised 2010), Employee Benefits PSAK 26 (revised 2011), Borrowing Costs PSAK 30 (revised 2011), Lease PSAK 46 (revised 2010), Income Taxes PSAK 50 (revised 2010), Financial Instruments: Presentation PSAK 53 (revised 2010), Share-based Payments PSAK 55 (revised 2011), Financial Instrument: Recognition and Measurement PSAK 56 (revised 2011), Earnings per Share ISAK 15, PSAK 24-The Limit on a Defined Benefit Asset, Minimum Funding Requirements and their Interaction ISAK 20, Income Taxes – Change in Tax Status of an Entity or its Shareholders ISAK 23, Operating Lease – Incentives ISAK 24, Evaluating the Substance of Transaction Involving the Legal Form of a Lease ISAK 25, Land Rights ISAK 26, Reassesment of Embedded Derivatives

PSAK issued, but not yet effective

Efektif untuk periode yang dimulai pada atau setelah 1 Januari 2013 adalah PSAK 38 (revisi 2012), Kombinasi Bisnis Entitas Sepengendali dan penyesuaian Standar Akuntansi Keuangan atas PSAK 60, Instrumen Keuangan: Pengungkapan.

a.

Effective for periods beginning on or after January 1, 2013 is PSAK 38 (revised 2012), Business Combination Under Common Control and annual Improvement of PSAK 60, Financial Instrument: Disclosures.

Sampai dengan tanggal penerbitan laporan keuangan konsolidasian, manajemen sedang mengevaluasi dampak dari standar terhadap laporan keuangan.

a.

As of the issuance date of the consolidated financial statements, management is evaluating the effect of these standards on financial statements.

b.

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95



3.

3.

KEBIJAKAN AKUNTANSI a.

Pernyataan Kepatuhan

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES a.

Laporan keuangan konsolidasian telah disusun sesuai dengan Standar Akuntansi Keuangan di Indonesia.

b.

c.


Statement of compliance The consolidated financial statements have been prepared in accordance with Indonesian Financial Accounting Standards. These financial statements are not intended to present the financial position, result of operations and cash flows in accordance with accounting principles and reporting practices generally accepted in other countries and jurisdictions.

Penyajian Laporan Keuangan Konsolidasian

b.

Consolidated Presentation

Financial

Statements

Dasar penyusunan laporan keuangan konsolidasian, kecuali untuk laporan arus kas konsolidasian adalah dasar akrual. Mata uang yang digunakan untuk penyajian laporan keuangan konsolidasian adalah mata uang Rupiah (Rp). Laporan keuangan konsolidasian disusun berdasarkan nilai historis, kecuali beberapa akun tertentu disusun berdasarkan pengukuran lain sebagaimana diuraikan dalam kebijakan akuntansi masing-masing akun tersebut.

The consolidated financial statements, except for the consolidated statements of cash flows, have been prepared under the accrual basis of accounting. The presentation currency of the consolidated financial statements is the Indonesian Rupiah while the measurement basis is the historical cost, except for certain accounts which are measured on the basis described in the related accounting policies.

Laporan arus kas konsolidasian disusun dengan menggunakan metode tidak langsung dengan mengelompokkan arus kas dalam aktivitas operasi, investasi dan pendanaan. Untuk tujuan penyajian laporan arus kas konsolidasian, kas dan setara kas terdiri dari kas, giro pada Bank Indonesia, giro pada bank lain, penempatan pada Bank Indonesia dan bank lain dan Sertifikat Bank Indonesia yang jatuh tempo dalam waktu tiga bulan atau kurang dari tanggal perolehannya dan yang tidak dijaminkan serta tidak dibatasi penggunaannya.

The consolidated statements of cash flows have been prepared using the indirect method with classifications of cash flows into operating, investing and financing activities. For the purpose of the consolidated statements of cash flows, cash and cash equivalents consist of cash, demand deposits with Bank Indonesia and demand deposits with other banks, placement with Bank Indonesia and other banks and Bank Indonesia Certificates (SBI) with maturities of three months or less from the date of placement and not pledged nor restricted.

Prinsip Konsolidasian

c.

Principles of Consolidation

Laporan keuangan konsolidasian menggabungkan laporan keuangan Bank dan entitas yang dikendalikan oleh Bank (entitas anak). Pengendalian dianggap ada apabila Bank mempunyai hak untuk mengatur kebijakan keuangan dan operasional suatu entitas untuk memperoleh manfaat dari aktivitasnya.

The consolidated financial statements incorporate the financial statements of the Bank and the entity controlled by the Bank (its subsidiary). Control is achieved where the Bank has the power to govern the financial and operating policies of an entity so as to obtain benefits from its activities.

Hasil dari entitas anak yang diakuisisi atau dijual selama tahun berjalan termasuk dalam laporan laba rugi komprehensif konsolidasian sejak tanggal efektif akuisisi dan sampai dengan tanggal efektif pelepasan.

The results of subsidiaries acquired or disposed of during the year are included in the consolidated statements of comprehensive income from the effective date of acquisition and up to the effective date of disposal, as appropriate.

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Jika diperlukan, penyesuaian dapat dilakukan terhadap laporan keuangan entitas anak agar kebijakan akuntansi yang digunakan sesuai dengan kebijakan akuntansi yang digunakan oleh Bank.

Where necessary, adjustments are made to the financial statements of the subsidiary to bring the accounting policies used in line with those used by the Bank.

Seluruh transaksi antar perusahaan, saldo, penghasilan dan beban dieliminasi pada saat konsolidasian.

All intra-group transactions, balances, income and expenses are eliminated on consolidation.

Kepentingan non-pengendali pada entitas anak diidentifikasi secara terpisah dan disajikan dalam ekuitas. Nilai tercatat kepentingan non-pengendali adalah jumlah kepentingan non-pengendali pada pengakuan awal ditambah dengan proporsi kepentingan non-pengendali atas perubahan selanjutnya dalam ekuitas. Seluruh laba rugi komprehensif diatribusikan pada kepentingan non-pengendali bahkan jika hal ini mengakibatkan kepentingan nonpengendali mempunyai saldo defisit.

Non-controlling interests in the subsidiary are identified separately and presented within equity. The carrying amount of noncontrolling interests is the amount of those interests at initial recognition plus noncontrolling interests‟ share of subsequent changes in equity. Total comprehensive income is attributed to non-controlling interests even if this results in the noncontrolling interests having a deficit balance.

Perubahan dalam bagian kepemilikan Bank dan entitas anak pada entitas anak yang tidak mengakibatkan hilangnya pengendalian dicatat sebagai transaksi ekuitas. Nilai tercatat kepentingan entitas anak dan kepentingan non-pengendali disesuaikan untuk mencerminkan perubahan bagian kepemilikannya atas entitas anak. Setiap perbedaan antara jumlah kepentingan non-pengendali disesuaikan dan nilai wajar imbalan yang diberikan atau diterima diakui secara langsung dalam ekuitas dan diatribusikan pada pemilik entitas induk.

Changes in the Bank and its subsidiary‟s interests in subsidiary that do not result in a loss of control are accounted for as equity transactions. The carrying amounts of the Bank and its subsidiary‟s interests and the non-controlling interests are adjusted to reflect the changes in their relative interests in the subsidiary. Any difference between the amount by which the non-controlling interests are adjusted and the fair value of the consideration paid or received is recognized directly in equity and attributed to owners of the Bank.

Bank telah memilih untuk menyajikan sebagai bagian yang terpisah dalam ekuitas, sisa saldo yang berkaitan dengan pengaruh transaksi modal tahun sebelumnya dari entitas anak dengan pihak ketiga.

The Bank has carried forward and opted to present as a separate item within equity, the remaining balance related to the effect of prior year‟s capital transaction of the subsidiary with third parties.

d.

Kombinasi Bisnis

d.

Akuisisi entitas anak dan bisnis dicatat dengan menggunakan metode akuisisi. Biaya akuisisi adalah nilai agregat nilai wajar (pada tanggal pertukaran) dari aset yang diperoleh, liabilitas yang terjadi atau ditanggung dan kepentingan non pengendali dari pihak yang diakuisisi. Kepentingan nonpengendali pemegang saham pada awalnya mungkin diukur pada nilai wajar atau pada proporsi kepemilikan kepentingan nonpengendali atas aset neto teridentifikasi dari pihak yang diakuisisi. Pilihan pengukuran dibuat pada tanggal akuisisi. Imbalan akuisisi adalah nilai wajar dari aset yang diserahkan, liabilitas yang timbul kepada pihak yang diakuisisi dan instrumen ekuitas yang diterbitkan sebagai pertukaran atas pengendalian dari pihak yang diakuisisi. Selisih lebih imbalan akuisisi atas biaya akuisisi diakui sebagai goodwill, sedangkan selisih lebih biaya akuisisi atas imbalan akuisisi diakui langsung dalam laba rugi tahun berjalan.

Business Combinations Acquisitions of subsidiaries and businesses are accounted for using the acquisition method. The cost of the business combination is the aggregate of the fair values (at the date of exchange) of assets received, liabilities incurred or assumed, any non-controlling interest of the acquiree. The interest of non-controlling shareholders maybe initially measured either at fair value or at the non-controlling interests‟ proportionate share of the fair value of the acquiree‟s identifiable net asset. The choice of measurement is made on acquisition date. The consideration for the acquisition is the aggreate of the fair value of asset given, any liabilities assumed and equity instruments issued in exchange for control of the acquiree. The excess of consideration over cost of acquisition is recognized as goodwill. The excess of cost of acquisition over the consideration for the acquisition is recognised directly in profit or loss.

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97



Imbalan untuk akuisisi dapat termasuk aset atau liabilitas yang dihasilkan dari suatu kesepakatan imbalan kontinjen yang diukur terhadap nilai wajar pada tanggal akuisisi. Perubahan selanjutnya dalam nilai wajar disesuaikan dengan biaya akuisisi ketika memenuhi syarat sebagai penyesuaian pengukuran periode. Semua perubahan selanjutnya dalam nilai wajar dari imbalan kontijensi diklasifikasikan sebagai aset atau liabilitas yang dihitung sesuai dengan standar akuntansi. Perubahan dalam nilai wajar dari imbalan kontinjensi yang diklasifikasikan sebagai ekuitas tidak dicatat.

The consideration for the acquisition may include any assets or liabilities resulting from a contingent consideration arrangement, measured at its acquisitiondate fair value. Subsequent changes in such fair values are adjusted against the cost of acquisition where they qualify as measurement period adjustments. All other subsequent changes in the fair value of contingent consideration classified as an asset or liability are accounted for in accordance with relevant accounting standards. Changes in the fair value of contingent consideration classified as equity are not recognized.

Biaya-biaya terkait akuisisi diakui sebagai laba atau rugi pada saat terjadinya.

Acquisition-related costs are recognized in profit or loss as incurred.

Jika akuntansi awal untuk kombinasi bisnis belum selesai pada akhir periode pelaporan saat kombinasi terjadi, Bank dan entitas anak melaporkan jumlah sementara untuk pos-pos yang akuntansinya belum selesai dalam laporan keuangannya. Selama periode pengukuran, pihak pengakuisisi menyesuaikan, aset atau liabilitas tambahan yang diakui, untuk mencerminkan informasi baru yang diperoleh tentang fakta dan keadaan yang ada pada tanggal akuisisi dan, jika diketahui, akan berdampak pada jumlah yang diakui pada tanggal tersebut.

If the initial accounting for business combination is incomplete by the end of the reporting period in which the combination occurs, the Bank and its subsidiary reports provisional amounts for the items for which the accounting is incomplete. Those provisional amounts are adjusted during the measurement period, or additional assets or liabilities are recognized, to reflect new information obtained about facts and circumstances that existed as of the acquisition date that, if known, would have affected the amount recognized as of that date.

Periode pengukuran adalah periode dari tanggal akuisisi hingga tanggal Bank dan entitas anak memperoleh informasi lengkap tentang fakta dan keadaan yang ada pada tanggal akuisisi dan periode pengukuran maksimum satu tahun dari tanggal akuisisi.

The measurement period is the period from date of acquisition to the date the Bank and its subsidiary obtains complete information about facts and circumstances that existed as of the acquisition date – and is subject to a maximum of one year.

e.

Transaksi dan Saldo dalam Mata Uang Asing

e.

Pembukuan Bank diselenggarakan dalam mata uang Rupiah yang merupakan mata uang fungsional Bank. Transaksi-transaksi selama tahun berjalan dalam mata uang asing dicatat dengan kurs yang berlaku pada saat terjadinya transaksi. Pada tanggal laporan posisi keuangan, aset dan liabilitas moneter dalam mata uang asing dijabarkan ke dalam mata uang Rupiah dengan menggunakan kurs spot Reuters pukul 16.00 WIB. Keuntungan atau kerugian kurs yang timbul dikreditkan atau dibebankan dalam laporan laba rugi komprehensif tahun yang bersangkutan. f.

f.

Pihak-pihak berelasi adalah orang atau entitas yang terkait dengan Bank dan entitas anak (entitas pelapor):

and

Transactions with Related Parties A related party is a person or entity that is related to the Bank and its subsidiary (the reporting entity):

a. Orang atau anggota keluarga dekatnya yang mempunyai relasi dengan entitas pelapor jika orang tersebut:


Transactions

The book of accounts of the Bank is maintained in Indonesian Rupiah which is the functional currency of the Bank. Transactions during the year involving foreign currencies are recorded at the rates of exchange prevailing at the time the transactions are made. At the statements of financial position date, all monetary assets and liabilities denominated in foreign currencies are translated into Indonesian Rupiah using Reuters‟ spot rates at 4:00 P.M. Western Indonesian Time. The resulting gains or losses are credited or charged to the current year‟s statements of comprehensive income.

Transaksi Dengan Pihak Berelasi

i.

Foreign Currency Balances

a.

Memiliki pengendalian atau pengendalian bersama atas entitas pelapor;

A person or a close member of that person‟s family is related to a reporting entity if that person: i.

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Has control or joint control of the reporting entity;




ii.

Memiliki pengaruh signifikan atas entitas pelapor; atau

ii.

iii.

Merupakan personil manajemen kunci entitas pelapor atau entitas induk entitas pelapor.

iii. Is a member of the key management personnel of the reporting entity or of a parent of the reporting entity.

b. Suatu entitas berelasi dengan entitas pelapor jika memenuhi salah satu hal berikut:

b.

i.

Entitas dan entitas pelapor adalah anggota dari kelompok usaha yang sama (artinya entitas induk, entitas anak, dan entitas anak berikutnya saling berelasi dengan entitas lain). ii. Satu entitas adalah entitas asosiasi atau ventura bersama dari entitas lain (atau entitas asosiasi atau ventura bersama yang merupakan anggota suatu kelompok usaha, yang mana entitas lain tersebut adalah anggotanya). iii. Kedua entitas tersebut adalah ventura bersama dari pihak ketiga yang sama. iv. Satu entitas adalah ventura bersama dari entitas ketiga dan entitas yang lain adalah entitas asosiasi dari entitas ketiga. v. Entitas tersebut adalah suatu program imbalan pascakerja untuk imbalan kerja dari salah satu entitas pelapor atau entitas yang terkait dengan entitas pelapor. vi. Entitas yang dikendalikan atau dikendalikan bersama oleh orang yang diidentifikasi dalam huruf (a). vii. Orang yang diidentifikasi dalam huruf (a)(i) memiliki pengaruh signifikan atas entitas atau personil manajemen kunci entitas (atau entitas induk dari entitas).

An entity is related to a reporting entity if any of the following conditions applies: i.

ii.

The entity and the reporting entity are members of the same group (which means that each parent, subsidiary and fellow subsidiary is related to the others). One entity is an associate or joint venture of the other entity (or an associate or joint venture of a member of a group of which the other entity is a member).

iii. Both entities are joint ventures of the same third party. iv. One entity is a joint venture of a third entity and the other entity is an associate of the third entity. v.

The entity is a post-employment benefit plan for the benefit of employees of either the reporting entity or an entity related to the reporting entity. vi. The entity is controlled or jointly controlled by a person identified in (a). vii. A person identified in (a)(i) has significant influence over the entity or is a member of the key management personnel of the entity (or of a parent of the entity).

Semua transaksi dengan pihak berelasi, baik yang dilakukan dengan persyaratan dan kondisi yang sama atau tidak dengan pihak yang tidak berelasi diungkapkan pada laporan keuangan konsolidasian. g.

Has significant influence over the reporting entity; or

All transactions with related parties, whether or not made under similar terms and conditions as those with third parties, are disclosed in the consolidated financial statements.

Aset Keuangan

g.

Seluruh aset keuangan diakui dan dihentikan pengakuannya pada tanggal diperdagangkan dimana pembelian dan penjualan aset keuangan berdasarkan kontrak yang mensyaratkan penyerahan aset keuangan dalam kurun waktu yang ditetapkan oleh kebiasaan pasar yang berlaku, dan awalnya diukur sebesar nilai wajar ditambah biaya transaksi, kecuali untuk aset keuangan yang diukur pada nilai wajar melalui laba rugi, yang awalnya diukur sebesar nilai wajar.

Financial Assets All financial assets are recognized and derecognized on trade date where the purchase or sale of a financial asset is under a contract whose terms require delivery of the financial asset within the time frame established by the market concerned, and are initially measured at fair value plus transaction costs, except for those financial assets classified as at fair value through profit or loss, which are initially measured at fair value.

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99



Aset keuangan Bank dan entitas anak diklasifikasikan sebagai berikut:

The Bank and its subsidiary‟s financial assets are classified as follows:



Nilai wajar melalui laba rugi



  

Dimiliki hingga jatuh tempo Tersedia untuk dijual Pinjaman yang diberikan dan piutang

  

or

loss

Nilai wajar melalui laba rugi (FVTPL)

Fair value through profit or loss (FVTPL)

Aset keuangan diklasifikasikan dalam FVTPL, jika aset keuangan sebagai kelompok diperdagangkan atau pada saat pengakuan awal ditetapkan untuk diukur pada FVTPL.

Financial assets are classified as at FVTPL where the financial asset is either held for trading or designated upon initial recognition as at FVTPL.

Aset keuangan diklasifikasikan kelompok diperdagangkan, jika:

A financial asset is classified as held for trading if:

 



sebagai

diperoleh atau dimiliki terutama untuk tujuan dijual kembali dalam waktu dekat; atau pada pengakuan awal merupakan bagian dari portofolio instrumen keuangan tertentu yang dikelola bersama dan terdapat bukti mengenai pola ambil untung dalam jangka pendek yang terkini; atau merupakan derivatif yang tidak ditetapkan dan tidak efektif sebagai instrumen lindung nilai

Aset keuangan selain aset keuangan yang diperdagangkan, dapat ditetapkan sebagai FVTPL pada saat pengakuan awal, jika:



it has been acquired principally for the purpose of selling in the near future; or



on initial recognition it is a part of an identified portfolio of financial instruments that the entity manages together and has a recent actual pattern of short-term profit-taking; or



it is a derivative that is not designated nor effective as a hedging instrument

A financial asset other than a financial asset held for trading may be designated as at FVTPL upon initial recognition if:



penetapan tersebut mengeliminasi atau mengurangi secara signifikan inkonsistensi pengukuran dan pengakuan yang dapat timbul; atau



such designation eliminates or significantly reduces a measurement or recognition inconsistency that would otherwise arise; or



kelompok aset keuangan, liabilitas keuangan atau keduanya, dikelola dan kinerjanya dievaluasi berdasarkan nilai wajar, sesuai dengan manajemen risiko atau strategi investasi yang didokumentasikan, dan informasi tentang Bank dan anak perusahaan disediakan secara internal kepada manajemen kunci entitas.



a group of financial assets, financial liabilities or both is managed and its performance is evaluated on a fair value basis, in accordance with a documented risk management or investment strategy, and information about the Bank and its subsidiary is provided internally on that basis to the entity‟s key management personnel.

Aset keuangan FVTPL disajikan sebesar nilai wajar, keuntungan atau kerugian yang timbul diakui dalam laba rugi. Keuntungan atau kerugian bersih yang diakui dalam laba rugi mencakup dividen atau bunga yang diperoleh dari aset keuangan. Nilai wajar ditentukan dengan cara seperti dijelaskan pada Catatan 3h.


Fair value through profit (FVTPL) Held to maturity Available-for-sale Loans and receivables

Financial assets at FVTPL are stated at fair value, with any resultant gain or loss recognized in profit or loss. The net gain or loss recognized in profit or loss incorporates any dividend or interest earned on the financial asset. Fair value is determined in the manner described in Note 3h.

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Dimiliki hingga jatuh tempo

Held to maturity

Aset keuangan diklasifikasikan sebagai investasi dimiliki hingga jatuh tempo hanya jika investasi tersebut memiliki pembayaran yang tetap atau telah ditentukan dan jatuh temponya telah ditetapkan serta Bank dan entitas anak mempunyai intensi positif dan kemampuan untuk memiliki aset keuangan tersebut hingga jatuh tempo. Pada saat pengakuan awal, investasi dimiliki hingga jatuh tempo diukur pada nilai wajar ditambah dengan biaya transaksi atau dikurangi pendapatan yang dapat diatribusikan secara langsung dengan perolehan aset keuangan. Setelah pengakuan awal, investasi dimiliki hingga jatuh tempo diukur dengan biaya perolehan diamortisasi dengan menggunakan metode suku bunga efektif dikurangi kerugian penurunan nilai yang ada.

Financial assets are classified as held-tomaturity investment only if these investments have fixed or determined payments and their maturity date has been determined and the Bank and its subsidiary have the positive intention and ability to hold such financial assets to maturity. Heldto-maturity investments are initially measured at fair value plus transaction costs or less income which are attributable directly to the acquisition of the financial assets. After initial recognition, held-tomaturity investments are measured at amortized cost, using effective interest rate method less any impairment losses.

Aset keuangan tersedia untuk dijual

Available-for-sale financial assets

Aset keuangan yang tidak diklasifikasikan sebagai dimiliki hingga jatuh tempo, diukur pada nilai wajar melalui laba rugi, atau pinjaman yang diberikan dan piutang diklasifikasikan sebagai tersedia untuk dijual. Pada saat pengakuan awal, aset keuangan yang tersedia untuk dijual diukur pada nilai wajar ditambah dengan biaya transaksi yang dapat diatribusikan secara langsung. Setelah itu, aset keuangan tersedia untuk dijual diukur dan dicatat pada nilai wajar.

Financial assets that are not classified as held-to-maturity, measured at fair value through profit or loss, or loans and receivables, are classified as available-forsale. Financial assets available-for-sale are initially measured at fair value plus any directly attributable transaction costs. Subsequently, financial assets availablefor-sale are measured at fair value.

Keuntungan atau kerugian yang timbul dari perubahan nilai wajar diakui dalam pendapatan komprehensif lainnya dan akumulasi revaluasi investasi AFS di ekuitas kecuali untuk kerugian penurunan nilai, bunga yang dihitung dengan metode suku bunga efektif dan laba rugi selisih kurs atas aset moneter yang diakui pada laba rugi. Jika aset keuangan dilepas atau mengalami penurunan nilai, akumulasi laba atau rugi yang sebelumnya diakui pada revaluasi investasi AFS, direklas ke laba rugi.

Gains and losses arising from changes in fair value are recognized in other comprehensive income and in equity as accumulated in AFS investment revaluation, with the exception of impairment losses, interest calculated using the effective interest method, and foreign exchange gains and losses on monetary assets, which are recognized in profit or loss. When the investment is disposed of or is determined to be impaired, the cumulative gain or loss previously accumulated in AFS investment revaluation is reclassified to profit or loss.

Pinjaman yang diberikan dan piutang

Loans and receivables

Aset keuangan dengan pembayaran tetap atau telah ditentukan dan tidak mempunyai kuotasi di pasar aktif diklasifikasikan sebagai pinjaman yang diberikan dan piutang, yang diukur pada biaya perolehan diamortisasi dengan menggunakan metode suku bunga efektif dikurangi kerugian penurunan nilai. Bunga diakui dengan menggunakan metode suku bunga efektif, kecuali piutang jangka pendek dimana pengakuan bunga tidak material.

Financial assets that have fixed or determinable payments and that are not quoted in an active market are classified as loan and receivables. Loans and receivables are measured at amortized cost using the effective interest method less impairment losses. Interest is recognized by applying the effective interest rate method, except for short-term receivables when the recognition of interest would be immaterial.

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101




Metode suku bunga efektif

Effective interest method

Metode suku bunga efektif adalah metode yang digunakan untuk menghitung biaya perolehan diamortisasi dari instrumen keuangan dan metode untuk mengalokasikan pendapatan bunga dan beban bunga selama periode yang relevan. Suku bunga efektif adalah suku bunga yang secara tepat mendiskontokan estimasi penerimaan kas di masa datang (mencakup seluruh komisi dan bentuk lain yang dibayarkan dan diterima oleh para pihak dalam kontrak yang merupakan bagian yang tak terpisahkan dari suku bunga efektif, biaya transaksi dan premium dan diskonto lainnya) selama perkiraan umur instrumen keuangan, atau, jika lebih tepat, digunakan periode yang lebih singkat untuk memperoleh nilai tercatat bersih dari aset keuangan pada saat pengakuan awal.

The effective interest method is a method of calculating the amortised cost of a financial instrument and of allocating interest income and interest expense over the relevant period. The effective interest rate is the rate that exactly discounts estimated future cash receipts (including all fees and points paid or received that form an integral part of the effective interest rate, transaction costs and other premiums or discounts) through the expected life of the financial instrument, or, where appropriate, a shorter period to the net carrying amount on initial recognition.

Pendapatan diakui berdasarkan suku bunga efektif untuk instrumen keuangan selain dari instrumen keuangan FVTPL.

Income is recognized on an effective interest basis for financial instrument other than these financial instruments at FVTPL.

Penurunan nilai aset keuangan

Impairment of financial assets

Aset keuangan, selain aset keuangan FVTPL, dievaluasi terhadap indikator penurunan nilai pada setiap tanggal laporan posisi keuangan. Aset keuangan diturunkan nilainya bila terdapat bukti objektif, sebagai akibat dari satu atau lebih peristiwa yang terjadi setelah pengakuan awal aset keuangan, dan peristiwa yang merugikan tersebut berdampak pada estimasi arus kas masa depan atas aset keuangan yang dapat diestimasi secara handal.

Financial assets, other than those at FVTPL, are assessed for indicators of impairment at each statement of financial position date. Financial assets are impaired where there is objective evidence that, as a result of one or more events that occurred after the initial recognition of the financial asset, the estimated future cash flows of the investment have been affected.

Untuk investasi ekuitas AFS yang tercatat dan tidak tercatat di bursa, penurunan yang signifikan atau jangka panjang pada nilai wajar dari investasi ekuitas di bawah biaya perolehannya dianggap sebagai bukti obyektif terjadinya penurunan nilai.

For listed and unlisted equity investments classified as AFS, a significant or prolonged decline in the fair value of the security below its cost is considered to be objective evidence of impairment.

Bukti obyektif penurunan nilai termasuk sebagai berikut:

The objective evidence of impairment could include:

 kesulitan keuangan signifikan yang dialami penerbit atau pihak peminjam; atau



significant financial difficulty of the issuer or counterparty; or

 pelanggaran kontrak, seperti terjadinya wanprestasi atau tunggakan pembayaran pokok atau bunga; atau



default or delinquency in interest or principal payments; or

 terdapat kemungkinan bahwa pihak peminjam akan dinyatakan pailit atau melakukan reorganisasi keuangan; atau



it becoming probable that the borrower will enter bankruptcy or financial reorganisation; or

- 19 -




Untuk aset keuangan yang diukur pada biaya perolehan diamortisasi, jumlah kerugian penurunan nilai merupakan selisih antara nilai tercatat aset keuangan dengan nilai kini dari estimasi arus kas masa datang yang didiskontokan menggunakan tingkat suku bunga efektif awal dari aset keuangan.

For financial assets carried at amortised cost, the amount of the impairment is the difference between the asset‟s carrying amount and the present value of estimated future cash flows, discounted at the financial asset‟s original effective interest rate.

Kerugian penurunan nilai dihitung secara individual untuk aset keuangan yang signifikan secara individual serta kolektif untuk aset yang secara individual tidak signifikan dan secara individual signifikan namun tidak terdapat bukti obyektif penurunan nilai. Di dalam menentukan penurunan nilai kolektif, aset keuangan dikelompokkan pada kelompok aset keuangan berdasarkan karakteristik risiko kredit yang serupa. Arus kas masa depan dari kelompok aset keuangan ini diestimasi berdasarkan arus kas kontraktual dan pengalaman kerugian historis untuk aset yang memiliki karakteristik risiko kredit yang serupa. Pengalaman historis kerugian disesuaikan berdasarkan hasil pengamatan data pada masa kini, untuk merefleksikan efek dari kondisi masa kini yang tidak mempengaruhi periode dari pengalaman historis.

Impairment loss is calculated individually for financial assets that are individually significant and collectively for assets that are individually not significant, or individually significant but there is no objective evidence of impairment assessed individually. In determining collective impairment, financial assets are grouped into groups of financial assets based similar credit risk characteristics. Future cash flow from a group of financial assets is estimated based on contractual cash flows and historical loss experience for assets that have similar credit risk characteristics. Historical loss experience is adjusted based on data observations in the present, to reflect the effects of current conditions that do not affect the period of historical experience.

Dalam melakukan penilaian secara kolektif, Bank dan entitas anak harus menghitung:

In conducting collective assessment, the Bank and its subsidiary must calculate:



Probability of default (”PD”) – model ini menilai probabilitas konsumen gagal melakukan pembayaran kembali secara penuh dan tepat waktu.



Probability of default (“PD”) – these models assess the probability of customers failing to repay fully and on time.



Recoverable amount – didasarkan pada identifikasi arus kas masa datang dan estimasi nilai kini dari arus kas tersebut (discounted cash flow).



Recoverable amount – based on identification of future cash flows and estimation of the present value of those cash flows (discounted cash flow).



Loss given default (”LGD”) – Bank dan entitas anak mengestimasi kerugian ekonomis yang mungkin akan diderita Bank dan entitas anak apabila terjadi tunggakan fasilitas kredit/ pembiayaan. LGD menggambarkan jumlah utang yang tidak dapat diperoleh kembali dan umumnya ditunjukkan dalam persentase dari exposure at default Model Perhitungan LGD (EAD). mempertimbangkan jenis peminjam, fasilitas dan mitigasi risiko, misalnya ketersediaan agunan.



Loss given default (“LGD”) – the Bank and its subsidiary estimates economic losses that may be suffered by the Bank and its subsidiary if there are arrears in credit facility/financing receivable. LGD describes the amount of debt that may not be recovered and is generally expressed as a percentage of the exposure at default (EAD). The LGD calculation model considers the type of borrower, facility and any risk mitigation such as availability of collateral.



Loss identification period (”LIP”) periode waktu antara terjadinya peristiwa yang merugikan dalam kelompok aset keuangan sampai bukti obyektif dapat diidentifikasi atas kredit pembiayaan secara individual.



Loss identification period (”LIP”) – the period of time from the occurrence of a loss event in a group of financial assets until objective evidence can be identified on credit facility/financing receivable individually.

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103






Exposure at default (”EAD”) – Bank mengestimasi tingkat utilisasi yang diharapkan dari fasilitas kredit/pembiayaan pada saat terjadi tunggakan.



Exposure at default (“EAD”) – The Bank estimates the expected utilization level of credit facilities/financing receivable in the event of arrears.

PD, LGD dan LIP diperoleh dari observasi data kredit/piutang pembiayaan selama minimal tiga tahun.

PD, LGD and LIP are derived from observation of credit facility/financing receivable data for at least three years.

Cadangan kerugian penurunan nilai yang dinilai secara kolektif dilakukan dengan mengkalikan nilai baki debet kredit/pembiayaan pada posisi laporan dengan probability default (PD), loss identification period (LIP) dan loss given default (LGD).

Allowance for impairment losses collectively assessed is performed by multiplying the outstanding loans/financing receivable at report date by the probability of default (PD), loss identification period (LIP) and loss given default (LGD).

Kerugian penurunan nilai diakui pada laba rugi dan nilai tercatat dari aset keuangan atau kelompok aset keuangan dikurangi dengan cadangan kerugian penurunan nilai yang terbentuk. Apabila pada periode berikutnya jumlah kerugian penurunan nilai berkurang dan pengurangan tersebut dapat dikaitkan secara obyektif pada peristiwa yang terjadi setelah penurunan nilai diakui, maka kerugian penurunan nilai yang sebelumnya diakui harus dipulihkan, baik secara langsung atau dengan menyesuaikan cadangan kerugian penurunan nilai. Pada saat penurunan nilai diakui dalam aset keuangan atau kelompok aset keuangan, pendapatan bunga diakui berdasarkan nilai tercatat setelah penurunan nilai dengan menggunakan tarif bunga yang digunakan untuk mendiskontokan estimasi arus kas masa datang pada saat menghitung penurunan nilai.

The impairment loss is recognized in profit or loss and the carrying amount of the financial asset or group of financial assets less allowance for impairment losses reserved. If in the next period the amount of any impairment loss decreases and the decrease can be linked objectively to events occurring after impairment loss is recognized, then the impairment loss previously recognized must be reversed, either directly or by adjusting the amount of allowance for impairment loss. When impairment losses are recognized in the financial asset or group of financial assets, interest income is recognized based on the carrying amount after impairment using the interest rate used for discounting the estimated future cash flow when calculating impairment.

Jika aset keuangan AFS dianggap menurun nilainya, keuntungan atau kerugian kumulatif yang sebelumnya telah diakui dalam pendapatan komprehensif lainnya direklasifikasi ke laba rugi dalam periode yang bersangkutan.

When an AFS financial asset is considered to be impaired, cumulative gains or losses previously recognised in other comprehensive income are reclassified to profit or loss in the period concerned.

Pengecualian dari instrumen ekuitas AFS, jika, pada periode berikutnya, jumlah penurunan nilai berkurang dan penurunan dapat dikaitkan secara obyektif dengan sebuah peristiwa yang terjadi setelah penurunan nilai tersebut diakui, kerugian penurunan nilai yang sebelumnya diakui dipulihkan melalui laba rugi hingga nilai tercatat investasi pada tanggal pemulihan penurunan nilai tidak melebihi biaya perolehan diamortisasi sebelum pengakuan kerugian penurunan nilai dilakukan.

With the exception of AFS equity instruments, if, in a subsequent period, the amount of the impairment loss decreases and the decrease can be related objectively to an event occurring after the impairment was recognised, the previously recognised impairment loss is reversed through profit or loss to the extent that the carrying amount of the investment at the date the impairment is reversed does not exceed what the amortised cost would have been had the impairment not been recognised.

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Dalam hal efek ekuitas AFS, kerugian penurunan nilai yang sebelumnya diakui dalam laba rugi tidak boleh dipulihkan melalui laba rugi. Setiap kenaikan nilai wajar setelah penurunan nilai diakui secara langsung ke pendapatan komprehensif lainnya.

In respect of AFS equity securities, impairment losses previously recognised in profit or loss are not reversed through profit or loss. Any increase in fair value subsequent to an impairment loss is recognised directly in other comprehensive income.

Penghentian pengakuan aset keuangan

Derecognition of financial assets

Bank dan entitas anak menghentikan pengakuan aset keuangan jika dan hanya jika hak kontraktual atas arus kas yang berasal dari aset berakhir, atau Bank dan entitas anak mentransfer aset keuangan dan secara substansial mentransfer seluruh risiko dan manfaat atas kepemilikan aset kepada entitas lain. Jika Bank dan entitas anak tidak mentransfer serta tidak memiliki secara substansial atas seluruh risiko dan manfaat kepemilikan serta masih mengendalikan aset yang ditransfer, maka Bank dan entitas anak mengakui keterlibatan berkelanjutan atas aset yang ditransfer dan liabilitas terkait sebesar jumlah yang mungkin harus dibayar. Jika Bank dan entitas anak memiliki secara substansial seluruh risiko dan manfaat kepemilikan aset keuangan yang ditransfer, Bank dan entitas anak masih mengakui aset keuangan dan juga mengakui pinjaman yang dijamin sebesar pinjaman yang diterima.

The Bank and its subsidiary derecognise a financial asset only when the contractual rights to the cash flows from the asset expire, or when it transfers the financial asset and substantially all the risks and rewards of ownership of the asset to another entity. If the Bank and its subsidiary neither transfer nor retain substantially all the risks and rewards of ownership and continues to control the transferred asset, the Bank and its subsidiary recognise their retained interest in the asset and an associated liability for amounts it may have to pay. If the Bank and its subsidiary retain substantially all the risks and rewards of ownership of a transferred financial asset, the Bank and its subsidiary continue to recognise the financial asset and also recognises a collateralised borrowing for the proceeds received.

h.

Liabilitas Keuangan dan Instrumen Ekuitas

h.

Financial Liabilities and Equity Instruments

Klasifikasi sebagai liabilitas atau ekuitas

Classification as debt or equity

Liabilitas keuangan dan instrumen ekuitas yang diterbitkan oleh Bank dan entitas anak diklasifikasikan sesuai dengan substansi perjanjian kontraktual dan definisi liabilitas keuangan dan instrumen ekuitas.

Financial liabilities and equity instruments issued by the Bank and its subsidiary are classified according to the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument.

Instrumen ekuitas

Equity instruments

Instrumen ekuitas adalah setiap kontrak yang memberikan hak residual atas aset Bank dan entitas anak setelah dikurangi dengan seluruh liabilitasnya. Instrumen ekuitas dicatat sebesar hasil penerimaan bersih setelah dikurangi biaya penerbitan langsung.

An equity instrument is any contract that evidences a residual interest in the assets of the Bank and its subsidiary after deducting all of its liabilities. Equity instruments are recorded at the proceeds received, net of direct issue costs.

Liabilitas keuangan

Financial liabilities

Liabilitas keuangan Bank dan entitas anak diklasifikasikan sebagai berikut:

The Bank and its subsidiary financial liabilities are classified as follows:

 Nilai wajar melalui laba rugi  Diukur pada biaya perolehan diamortisasi

 

yang

- 22 -


Fair value through profit or loss Measured at amortized cost


105



Liabilitas keuangan yang Diukur pada Nilai Wajar melalui Laba Rugi (FVTPL)

Financial liabilities at FVTPL

Liabilitas keuangan diklasifikasikan sebagai FVTPL pada saat liabilitas keuangan baik dimiliki untuk diperdagangkan atau ditetapkan pada FVTPL.

Financial liabilities are classified as at FVTPL when the financial liability is either held for trading or its designated as at FVTPL.

Liabilitas keuangan diperdagangkan jika:

A financial liability is classified as held for trading if:

dimiliki

untuk



diperoleh terutama untuk tujuan dibeli kembali dalam waktu dekat; atau



it has been acquired principally for the purpose of repurchasing in the near term; or



pada pengakuan awal merupakan bagian dari portofolio instrumen keuangan tertentu yang dikelola bersama dan terdapat bukti mengenai pola ambil untung dalam jangka pendek aktual terkini; atau



on initial recognition it is part of an identified portfolio of financial instruments that the entity manages together and has a recent actual pattern of short-term profit-taking; or



merupakan derivatif yang tidak ditetapkan dan tidak efektif sebagai instrumen lindung nilai.



it is a derivative that is not designated and effective as a hedging instrument.

Liabilitas keuangan selain liabilitas keuangan yang diperdagangkan, dapat ditetapkan sebagai FVTPL pada saat pengakuan awal, jika:

A financial liability other than a financial liability held for trading may be designated as at FVTPL upon initial recognition, if:



penetapan tersebut mengeliminasi atau mengurangi secara signifikan inkonsistensi pengukuran dan pengakuan yang dapat timbul; atau



such designation eliminates or significantly reduces a measurement or recognition inconsistency that would otherwise arise; or



kelompok aset keuangan, liabilitas keuangan atau keduanya, dikelola dan kinerjanya dievaluasi berdasarkan nilai wajar, sesuai dengan manajemen risiko atau strategi investasi yang didokumentasikan, dan informasi tentang Bank dan entitas anak disediakan secara internal kepada manajemen kunci entitas.



a group of financial assets, financial liabilities or both is managed and its performance is evaluated on a fair value basis, in accordance with a documented risk management or investment strategy, and information about the Bank and its subsidiary is provided internally on that basis to the entity‟s key management personnel.

Liabilitas keuangan yang diukur pada nilai wajar melalui laba rugi, keuntungan atau kerugian yang timbul diakui dalam laba rugi. Keuntungan atau kerugian bersih yang diakui dalam laba rugi mencakup setiap bunga yang dibayar dari liabilitas keuangan. Penentuan nilai wajar sesuai dengan yang dijelaskan dalam Catatan 3i.


Financial liabilities at FVTPL are stated at fair value, with any resultant gain or loss recognized in profit or loss. The net gain or loss recognized in profit or loss incorporates any interest paid on the financial liability. Fair value is determined in the manner described in Note 3i.

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Liabilitas keuangan diukur perolehan diamortisasi

i.

pada


biaya

Financial liabilities measured at amortized costs

Pada saat pengakuan awal, liabilitas keuangan yang diukur pada biaya perolehan diamortisasi, diakui pada nilai wajarnya. Nilai wajar tersebut dikurangi biaya transaksi yang dapat diatribusikan secara langsung dengan penerbitan liabilitas keuangan tersebut. Pengukuran selanjutnya diukur pada biaya perolehan diamortisasi dengan menggunakan metode suku bunga efektif, dimana beban bunga diakui berdasarkan tingkat pengembalian yang efektif, kecuali untuk liabilitas jangka pendek dimana pengakuan bunganya tidak material.

At initial recognition, financial liabilities measured at amortized cost are recognized at fair value. The fair value is reduced by transaction costs which are directly attributable to the issuance of such financial liabilities. Subsequently, these financial liabilities are measured at amortized cost using the effective interest method, where interest expense is recognized based on the rate of effective return, except for short-term liabilities when the recognition of interest would be immaterial.

Penghentian pengakuan liabilitas keuangan

Derecognition of financial liabilities

Bank dan entitas anak menghentikan pengakuan liabilitas keuangan, jika dan hanya jika, kewajiban Bank dan entitas anak telah dilepaskan, dibatalkan atau kadaluarsa.

The Bank and its subsidiary derecognise financial liabilities when and only when, the Bank and its subsidiary‟s obligations are discharged or cancelled or they expire.

Nilai Wajar Instrumen Keuangan

i.

Fair Value of Financial Instruments

Nilai wajar adalah nilai yang digunakan untuk mempertukarkan suatu aset atau untuk menyelesaikan suatu liabilitas antara pihak-pihak yang memahami dan berkeinginan untuk melakukan transaksi secara wajar (arm’s length transaction).

Fair value is the value which is used to exchange an asset or to settle a liability between parties who understand and are willing to perform a fair transaction (arm‟s length transaction).

Hirarki nilai wajar memiliki tingkatan sebagai berikut:

The fair value hierarchy shall have the following levels:



Tingkat 1 pengukuran nilai wajar adalah yang berasal dari harga kuotasian (tidak disesuaikan) dalam pasar aktif untuk aset atau liabilitas yang identik.



Level 1 fair value measurements are those derived from quoted prices (unadjusted) in active markets for identical assets or liabilities.



Tingkat 2 pengukuran nilai wajar adalah yang berasal dari input selain harga kuotasian yang termasuk dalam Tingkat 1 yang dapat diobservasi untuk aset atau liabilitas, baik secara langsung (misalnya harga) atau secara tidak langsung (misalnya deviasi dari harga).



Level 2 fair value measurements are those derived from inputs other than quoted prices included within Level 1 that are observable for the assets or liability, either directly (i.e. as prices) or indirectly (i.e. derived from prices).



Tingkat 3 pengukuran nilai wajar adalah yang berasal dari teknik penilaian yang mencakup input untuk aset atau liabilitas yang bukan berdasarkan data pasar yang dapat diobservasi (input yang tidak dapat diobservasi).



Level 3 fair value measurements are those derived from valuation techniques that include inputs for the asset or liability that are not based on observable market data (unobservable inputs).

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107


j.

k.



Reklasifikasi Aset Keuangan

j.

Reclassification Instruments

of

Financial

Reklasifikasi Aset Keuangan

Reclassification of Financial Assets

Sejak 1 Januari 2012, Bank dan entitas anak tidak diperkenankan untuk melakukan reklasifikasi aset keuangan ke kelompok aset keuangan FVTPL. Bank dan entitas anak hanya dapat melakukan reklasifikasi aset keuangan ke kelompok pinjaman yang diberikan dan piutang jika aset keuangan tersebut memenuhi definisi pinjaman yang diberikan dan piutang dan Bank memiliki intensi dan kemampuan memiliki aset keuangan untuk masa mendatang yang dapat diperkirakan atau hingga jatuh tempo dari kelompok aset keuangan FVTPL atau dari kelompok tersedia untuk dijual. Aset keuangan tersebut direklasifikasi pada nilai wajar pada tanggal reklasifikasi yang menjadi biaya perolehan diamortisasi yang baru. Setiap keuntungan dan kerugian yang sudah diakui dalam laba rugi tidak boleh dibalik. Setiap keuntungan dan kerugian yang sudah diakui dalam pendapatan komprehensif lain diamortisasi ke laba rugi selama sisa umur aset keuangan (jika aset keuangan memiliki jatuh tempo tetap) atau tetap diakui dalam pendapatan komprehensif lain sampai aset keuangan tersebut dilepas atau dijual (jika aset keuangan tidak memiliki jatuh tempo tetap).

Since January 1, 2012, the Bank and its subsidiary shall not reclassify any financial assets into the FVTPL after initial recognition. The Bank and its subsidiary only reclassify financial assets into loans and receivables if the financial assets meet the definition of loans and receivables and the Bank and its subsidiary have the intention and ability to hold the financial assets for the foreseeable future or until maturity, from financial assets measured at FVTPL or from available for sale. The financial assets are reclassified at fair value, on the date of reclassification which become its new amortized cost. Any gains or losses already recognized in profit or loss are not reversed. Any gains or losses that have been recognized in other comprehensive income are amortized through profit or loss over the remaining life of the financial assets (for financial assets that have fixed maturities) or continue to be recognized in other comprehensive income until the financial assets are sold or otherwise disposed (for financial assets that do not have fixed maturities).

Sebelum 1 Januari 2012, Bank dan entitas anak tidak diperkenankan untuk melakukan reklasifikasi aset keuangan dari atau ke kelompok aset keuangan FVTPL dan pinjaman yang diberikan dan piutang.

Prior to January 1, 2012, the Bank and its subsidiary are not allowed to reclassify any financial assets from or to a group of financial assets measured at FVTPL.

Reklasifikasi Liabilitas Keuangan

Reclassification of Financial Liabilities

Bank dan entitas anak tidak diperkenankan untuk mereklasifikasi liabilitas keuangan dari atau ke kelompok liabilitas keuangan FVTPL.

Bank and its subsidiary are not allowed to reclassify any financial liabilities from or to a group of FVTPL financial liabilities.

Saling Hapus Antara Aset Keuangan dan Liabilitas Keuangan

k.

Netting of Financial Financial Liabilities

Assets

and

Aset keuangan dan liabilitas keuangan saling hapus dan nilai bersihnya disajikan dalam laporan keuangan konsolidasian jika, dan hanya jika, Bank dan entitas anak:

Financial assets and liabilities are off-set and the net amount is presented in the consolidated financial statements if and only if, the Bank and its subsidiary:

-

saat ini memiliki hak yang berkekuatan hukum untuk melakukan saling hapus atas jumlah yang telah diakui tersebut; dan



currently has a legally enforceable right to offset against the recognized amount; and

-

berniat untuk menyelesaikan secara neto atau untuk merealisasikan aset dan menyelesaikan liabilitasnya secara simultan.



intends to settle on a net basis or realize its asset and settle its liability simultaneously.

- 25 -



l.

m.

n.

o.

p.


Giro pada Bank Indonesia dan Bank Lain

l.

Demand Deposits with Bank Indonesia and Other Banks

Giro pada Bank Indonesia dan bank lain diklasifikasikan dalam kategori pinjaman yang diberikan dan piutang.

Demand deposits with Bank Indonesia and other banks are classified as loan and receivables.

Pengakuan, pengukuran awal, pengukuran setelah pengakuan awal, reklasifikasi, nilai wajar, penurunan nilai dan penghentian pengakuan giro pada Bank Indonesia dan bank lain mengacu pada Catatan 3g, 3i dan 3j terkait aset keuangan.

Recognition, initial measurement, subsequent measurement, reclassification, fair value, impairment and derecognition of demand deposits with Bank Indonesia and other banks refer to Notes 3g, 3i and 3j related to financial assets.

Penempatan pada Bank Indonesia dan Bank Lain

m.

Placements with Bank Indonesia and Other Banks

Penempatan pada Bank Indonesia dan bank lain diklasifikasikan dalam kategori pinjaman yang diberikan dan piutang.

Placements with Bank Indonesia and other banks are classified as loan and receivables.

Pengakuan, pengukuran awal, pengukuran setelah pengakuan awal, reklasifikasi, nilai wajar, penurunan nilai dan penghentian pengakuan penempatan pada Bank Indonesia dan bank lain mengacu pada Catatan 3g, 3i dan 3j terkait aset keuangan.

Recognition, initial measurement, subsequent measurement, reclassification, fair value, impairment and derecognition of placements with Bank Indonesia and other banks refer to Notes 3g, 3i and 3j related to financial assets.

Efek-efek

n.

Securities

Efek-efek diklasifikasikan dalam kategori dimiliki hingga jatuh tempo dan pinjaman yang diberikan dan piutang.

Securities are classified as held-to-maturity and loan and receivables.

Pengakuan, pengukuran awal, pengukuran setelah pengukuran awal, reklasifikasi, nilai wajar, penurunan nilai dan penghentian pengakuan efek-efek mengacu pada Catatan 3g, 3i dan 3j terkait aset keuangan.

Recognition, initial measurement, subsequent measurement, reclassification, fair value, impairment and derecognition of securities refer to Notes 3g, 3i and 3j related to financial assets.

Tagihan dan Liabilitas Derivatif

o.

Derivative Receivables and Payables

Tagihan dan liabilitas derivatif diklasifikasikan dalam kategori diukur pada nilai wajar melalui laba rugi (FVTPL).

Derivative receivables and payables are classified as fair value to profit or loss (FVTPL).

Pengakuan, pengukuran awal, pengukuran setelah pengakuan awal, reklasifikasi, nilai wajar, penurunan nilai dan penghentian pengakuan tagihan dan liabilitas derivatif mengacu pada Catatan 3g, 3i dan 3j terkait aset keuangan.

Recognition, initial measurement, subsequent measurement, reclassification, fair value, impairment and derecognition of derivative receivables and payables refer to Notes 3g, 3i and 3j related to financial assets.

Kredit

p.

Loans

Kredit diklasifikasikan dalam kategori pinjaman yang diberikan dan piutang.

Loans are receivables.

Pengakuan, pengukuran awal, pengukuran setelah pengakuan awal, reklasifikasi, nilai wajar, penurunan nilai dan penghentian pengakuan kredit mengacu pada Catatan 3g, 3i dan 3j terkait aset keuangan.

Recognition, initial measurement, subsequent measurement, reclassification, fair value, impairment and derecognition of loans refer to Notes 3g, 3i and 3j related to financial assets.

- 26 -


classified

as

loan


and

109


q.

r.



Tagihan dan Liabilitas Akseptasi

q.

Acceptances Receivables and Payables

Tagihan akseptasi diklasifikasikan dalam kategori pinjaman yang diberikan dan piutang. Liabilitas akseptasi dikategorikan sebagai liabilitas keuangan diukur pada biaya perolehan diamortisasi.

Acceptance receivables are classified as loan and receivable. Acceptance liabilities are classified as financial liabilities at amortized costs.

Pengakuan, pengukuran awal, pengukuran setelah pengakuan awal, reklasifikasi, nilai wajar, penurunan nilai dan penghentian pengakuan tagihan dan liabilitas akseptasi mengacu pada Catatan 3g, 3i dan 3j terkait aset keuangan dan 3h terkait liabilitas keuangan.

Recognition, initial measurement, subsequent measurement, reclassification, fair value, impairment and derecognition of acceptances receivable and payable refer to Notes 3g, 3i and 3j related to financial assets and 3h related to financial liabilities.

Sewa

r.

Leases

Sewa diklasifikasikan sebagai sewa pembiayaan jika sewa tersebut mengalihkan secara substantial seluruh risiko dan manfaat yang terkait dengan kepemilikan aset. Sewa lainnya, yang tidak memenuhi kriteria tersebut, diklasifikasikan sebagai sewa operasi.

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee. All other leases are classified as operating leases.

Sebagai Lessor

As Lessor

Dalam sewa pembiayaan, lessor mengakui aset berupa piutang sewa pembiayaan sebesar jumlah investasi neto sewa pembiayaan entitas anak. Pengakuan penghasilan sewa pembiayaan dialokasikan pada periode akuntansi yang mencerminkan suatu tingkat pengembalian periodik yang konstan atas investasi bersih lessor.

Amounts due from lessees under finance leases are recorded as receivables at the amount of the subsidiaries‟ net investment in the finance leases. Finance lease income is allocated to accounting periods so as to reflect a constant periodic rate of return on the net investment outstanding in respect of the leases.

Pendapatan sewa dari sewa operasi diakui sebagai pendapatan dengan dasar garis lurus selama masa sewa. Biaya langsung awal yang terjadi dalam proses negosiasi dan pengaturan sewa operasi ditambahkan ke jumlah tercatat dari aset sewaan dan diakui dengan dasar garis lurus selama masa sewa.

Rental income from operating leases is recognized on a straight-line basis over the term of the relevant lease. Initial direct costs incurred in negotiating and arranging an operating lease are added to the carrying amount of the leased asset and recognized on a straight-line basis over the lease term.

Sebagai Lessee

As Lessee

Pembayaran sewa dalam sewa pembiayaan harus dipisahkan antara bagian yang merupakan beban keuangan dan bagian yang merupakan pengurangan dari liabilitas sewa sehingga mencapai suatu tingkat bunga yang konstan (tetap) atas saldo liabilitas. Rental kontinjen dibebankan pada periode terjadinya.

Lease payments under finance lease are apportioned between finance charges and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Contingent rentals are recognized as expenses in the periods in which they are incurred.

Pembayaran sewa operasi diakui sebagai beban dengan dasar garis lurus (straight-line basis) selama masa sewa, kecuali terdapat dasar sistematis lain yang dapat lebih mencerminkan pola waktu dari manfaat aset yang dinikmati pengguna. Rental kontijen diakui sebagai beban di dalam periode terjadinya.

Operating lease payments are recognized as an expense on a straight-line basis over the lease term, except where another systematic basis is more representative of the time pattern in which economic benefits from the leased asset are consumed. Contingent rentals arising under operating leases are recognized as an expense in the period in which they are incurred.

- 27 -




Dalam hal insentif diperoleh dalam sewa operasi, insentif tersebut diakui sebagai liabilitas. Keseluruhan manfaat dari insentif diakui sebagai pengurangan dari biaya sewa dengan dasar garis lurus kecuali terdapat dasar sistematis lain yang lebih mencerminkan pola waktu dari manfaat yang dinikmati pengguna.

In the event that lease incentives are received to enter into operating leases, such incentives are recognized as a liability. The aggregate benefit of incentives is recognized as a reduction of rental expense on a straight-line basis, except where another systematic basis is more representative of the time pattern in which economic benefits from the leased asset are consumed.

s.

t.

u.

Piutang Pembiayaan Konsumen

s.

Consumer Financing Receivables

Piutang pembiayaan konsumen diklasifikasikan dalam kelompok pinjaman yang diberikan dan piutang.

Consumer financing receivables classified as loan and receivables.

Pengakuan, pengukuran awal, pengukuran setelah pengakuan awal, reklasifikasi, nilai wajar, penurunan nilai dan penghentian pengakuan piutang pembiayaan konsumen mengacu pada Catatan 3g, 3i dan 3j terkait aset keuangan.

Recognition, initial measurement, subsequent measurement, reclassification, fair value, impairment and derecognition of consumer financing receivables refer to Notes 3g, 3i and 3j related to financial assets.

Tagihan Anjak Piutang

t.

are

Factoring Receivables

Tagihan anjak piutang diklasifikasikan dalam kelompok pinjaman yang diberikan dan piutang.

Factoring receivables are classified as loan and receivables.

Pengakuan, pengukuran awal, pengukuran setelah pengakuan awal, reklasifikasi, nilai wajar, penurunan nilai dan penghentian pengakuan tagihan anjak piutang mengacu pada Catatan 3g, 3i dan 3j terkait aset keuangan.

Recognition, initial measurement, subsequent measurement, reclassification, fair value, impairment and derecognition of factoring receivables refer to Notes 3g, 3i and 3j related to financial assets.

Aset Tidak Lancar Dimiliki Untuk Dijual

u.

Noncurrent Assets Held for Sale

Aset tidak lancar diklasifikasikan sebagai dimiliki untuk dijual jika jumlah tercatatnya akan dipulihkan terutama melalui transaksi penjualan bukan melalui penggunaan lebih lanjut. Kondisi ini dianggap terpenuhi hanya ketika penjualan sangat mungkin dan aset tidak lancar yang tersedia untuk dijual segera dalam kondisi sekarang. Manajemen harus berkomitmen untuk penjualan yang diharapkan untuk memenuhi syarat untuk pengakuan sebagai penjualan yang selesai dalam satu tahun dari tanggal klasifikasi.

Noncurrent assets are classified as held for sale if their carrying amount will be recovered principally through a sale transaction rather than through continuing use. This condition is regarded as met only when the sale is highly probable and the noncurrent asset is available for immediate sale in its present condition. Management must be committed to the sale, which should be expected to qualify for recognition as a completed sale within one year from the date of classification.

Aset tidak lancar yang dimiliki untuk dijual diukur sebesar jumlah terendah dari jumlah tercatat sebelumnya dan nilai wajar dikurangi biaya untuk untuk menjual.

Noncurrent assets held for sale are measured at the lower of their previous carrying amount and fair value less costs to sell.

- 28 -



111


v.


Aset Tetap

v.

Premises and Equipment

Aset tetap yang dimiliki untuk digunakan penyediaan jasa atau untuk tujuan administratif dicatat berdasarkan biaya perolehan setelah dikurangi akumulasi penyusutan dan akumulasi kerugian penurunan nilai.

Premises and equipment held for use in the supply of services, or for administrative purposes, are stated at cost, less accumulated depreciation and any accumulated impairment losses.

Seluruh aset tetap, kecuali bangunan dan renovasi gedung yang disusutkan dengan metode garis lurus, disusutkan dengan menggunakan metode saldo menurun ganda (double declining balance method) berdasarkan taksiran masa manfaat ekonomis aset tetap sebagai berikut:

The depreciation of premises and building improvements is computed using the double declining balance method, except for building which is depreciated using the based on the straight-line method, estimated useful lives of the assets as follows:

Tahun/Years Bangunan dan renovasi gedung Kendaraan Mesin-mesin dan inventaris kantor

w.


20 4–8 4–8

Building and building improvements Vehicles Machinery and office equipment

Masa manfaat ekonomis, nilai residu dan metode penyusutan direview setiap akhir tahun dan pengaruh dari setiap perubahan estimasi tersebut berlaku prospektif.

The estimated useful lives, residual values and depreciation method are reviewed at each year end, with the effect of any changes in estimate accounted for on a prospective basis.

Tanah dinyatakan berdasarkan perolehan dan tidak disusutkan.

Land is stated depreciated.

biaya

at

cost

and

is

not

Beban pemeliharaan dan perbaikan dibebankan pada laporan laba rugi komprehensif konsolidasian pada saat terjadinya. Biaya-biaya lain yang terjadi selanjutnya yang timbul untuk menambah, mengganti atau memperbaiki aset tetap dicatat sebagai biaya perolehan aset jika dan hanya jika besar kemungkinan manfaat ekonomis di masa depan berkenaan dengan aset tersebut akan mengalir ke entitas dan biaya perolehan aset dapat diukur secara andal.

The cost of maintenance and repairs is charged to operations as incurred. Other costs incurred subsequently to add to, replace part of, or service an item of premises and equipment, are recognized as asset if, and only if it is probable that future economic benefits associated with the item will flow to the entity and the cost of the item can be measured reliably.

Aset tetap yang dihentikan pengakuannya atau yang dijual nilai tercatatnya dikeluarkan dari kelompok aset tetap. Keuntungan atau kerugian dari penjualan aset tetap tersebut dibukukan dalam laba rugi.

When assets are disposed of, their removed from the resulting gain or loss loss.

Aset dalam penyelesaian dinyatakan sebesar biaya perolehan. Akumulasi biaya perolehan akan dipindahkan ke masingmasing aset tetap yang bersangkutan pada saat selesai dan siap digunakan.

Construction in progress is stated at cost. Construction in progress is transferred to the respective premises and equipment account when completed and ready for use.

Simpanan

w.

retired or otherwise carrying values are accounts and any is reflected in profit or

Deposits

Simpanan diklasifikasikan dalam kategori liabilitas keuangan diukur pada biaya perolehan diamortisasi.

Deposits are classified as financial liabiities at amortized costs.

Pengakuan, pengukuran awal, pengukuran setelah pengakuan awal, reklasifikasi, nilai wajar dan penghentian pengakuan simpanan mengacu pada Catatan 3h, 3i dan 3j terkait liabilitas keuangan.

Recognition, initial measurement, subsequent measurement, reclassification, fair value and derecognition of deposits refer to Notes 3h, 3i and 3j related to financial liabilities.

- 29 -



x.

y.

z.


Simpanan dari Bank Lain

x.

Simpanan dari bank lain diklasifikasikan dalam kategori liabilitas keuangan diukur pada biaya perolehan diamortisasi.

Deposits from other banks are classified as financial liabilities at amortized costs.

Simpanan dari bank lain terdiri dari liabilitas terhadap bank lain, baik lokal maupun luar negeri, dalam bentuk giro, inter-bank call money dengan periode jatuh tempo menurut perjanjian kurang dari atau 90 hari, tabungan dan deposito berjangka.

Deposits from other banks represent liabilities to domestic and overseas banks, in the form of demand deposits, inter-bank call money deposits with original maturities of 90 days or less, saving deposits and time deposits.

Pengakuan, pengukuran awal, pengukuran setelah pengakuan awal, reklasifikasi, nilai wajar dan penghentian pengakuan simpanan dari bank lain mengacu pada Catatan 3h, 3i dan 3j terkait liabilitas keuangan.

Recognition, initial measurement, subsequent measurement, reclassification fair value and derecognition of deposits from other banks refer to Notes 3h, 3i and 3j related to financial liabilities.

Surat Berharga yang Diterbitkan

y.

Securities Issued

Surat berharga yang diterbitkan diklasifikasikan dalam kategori liabilitas keuangan diukur pada biaya perolehan diamortisasi.

Securities issued are classified as financial liabilities at amortized costs.

Pengakuan, pengukuran awal, pengukuran setelah pengakuan awal, reklasifikasi, nilai wajar dan penghentian pengakuan surat berharga yang diterbitkan mengacu pada Catatan 3h, 3i dan 3j terkait liabilitas keuangan.

Recognition, initial measurement, subsequent measurement, reclassification fair value and derecognition of securities issued refer to Notes 3h, 3i and 3j related to financial liabilities.

Selisih Nilai Transaksi Restrukturisasi Entitas Sepengendali

z.

Selisih antara harga pengalihan yang timbul dari pengalihan aset, utang, saham atau bentuk instrumen kepemilikan lainnya dengan nilai buku transaksi dalam rangka restrukturisasi antara entitas sepengendali diakui sebagai “Selisih Nilai Transaksi Restrukturisasi Entitas Sepengendali” dan disajikan sebagai unsur ekuitas. aa.

Deposits from Other Banks

Difference in Value of Restructuring Transactions among Entities under Common Control The difference between the transfer price and book value of assets, liabilities, shares or other forms of ownership instruments in a restructuring transaction among entities under common control is recorded as “Difference in value of restructuring transactions among entities under common control” and presented as part of equity.

Imbalan Pasca Kerja

aa.

Post-employment Benefits

Bank dan entitas anak menghitung imbalan pasca kerja untuk karyawan sesuai dengan Undang Undang Ketenagakerjaan No. 13/2003. Kebijakan Bank adalah menghitung dan mengakui berdasarkan nilai yang tertinggi antara undang-undang yang berlaku dengan manfaat yang diterima dari kesepakatan kerjasama yang ditetapkan Bank dengan karyawannya.

The Bank and its subsidiary provides postemployment benefits to its employees as required under Labor Law No. 13/2003 (the “Labor Law”). The Bank‟s policy is to calculate and recognize the higher of the benefits under the Labor Law and those under the agreement between the Bank and its employees.

Perhitungan imbalan pasca kerja menggunakan metode Projected Unit Credit. Akumulasi keuntungan dan kerugian aktuarial bersih yang belum diakui yang melebihi 10% dari nilai kini liabilitas imbalan pasti diakui dengan metode garis lurus selama rata-rata sisa masa kerja yang diperkirakan dari para pekerja dalam program tersebut. Biaya jasa lalu dibebankan langsung apabila imbalan tersebut menjadi hak atau vested, dan sebaliknya akan diakui sebagai beban dengan metode garis lurus selama periode rata-rata sampai imbalan tersebut menjadi vested.

The cost of providing post-employment benefits is determined by an independent actuary using the Projected Unit Credit Method. The accumulated unrecognized actuarial gains and losses that exceed 10% of the Bank and its subsidiary‟s defined benefit obligations are recognized on a straight-line basis over the expected average remaining working lives of the participating employees. Past service cost is recognized immediately to the extent that the benefits are already vested, and otherwise is amortized on a straight-line basis over the average period until the benefits become vested.

- 30 -



113



Jumlah yang diakui sebagai liabilitas imbalan pasti di laporan posisi keuangan merupakan nilai kini liabilitas imbalan pasti disesuaikan dengan keuntungan dan kerugian aktuarial yang belum diakui, biaya jasa lalu yang belum diakui dan nilai wajar aset program.

The benefit obligation recognized in the statement of financial postion represents the present value of the defined benefit obligation reduced by the fair value of plan assets and as adjusted for unrecognized actuarial gains and losses, unrecognized past service cost and as reduced by the fair value of scheme assets.

bb. Pendapatan dan Beban Bunga

cc.

bb. Interest Revenues and Expenses

Pendapatan dan beban bunga diakui secara akrual menggunakan metode suku bunga efektif (Catatan 3g).

Interest income and expenses are recognized on an accrual basis using the effective interest rate method (Note 3g).

Penerimaan yang berhubungan dengan kredit yang mengalami penurunan nilai langsung mengurangi nilai tercatat kredit. Pendapatan bunga atas aset keuangan yang mengalami penurunan nilai pada periode berjalan diakui atas dasar suku bunga yang digunakan untuk mendiskonto arus kas masa datang dalam pengukuran kerugian penurunan nilai. Suku bunga tersebut diterapkan terhadap nilai kredit setelah memperhitungkan penurunan nilai.

Revenue related to impaired loan directly reduces the carrying amount of the loan. Interest income on impaired financial assets in the current period is recognized on the basis of the interest rate rates used for discounting future cash flows in the measurement of impairment losses. The interest rates are applied to the loan amounts net of impairment losses.

Pendapatan lain yang diterima sehubungan dengan transaksi pembiayaan konsumen diakui dan dicatat sebagai pendapatan dalam tahun yang bersangkutan.

Other revenues relating to consumer financing transactions are recognized and recorded as income in current operations.

Bunga dari liabilitas keuangan, diakui sebagai beban pada laporan laba rugi komprehensif.

Interest from financial liabilities is recognized as an expense in the statement of comprehensive income.

Pendapatan dan beban bunga yang diakui dalam laporan keuangan adalah bunga pada aset dan liabilitas keuangan pada biaya perolehan diamortisasi yang dihitung menggunakan suku bunga efektif.

Interest income and expense recognized in the consolidated financial statement is interest on financial assets and liabilities measured at amortized costs using the effective interest rate method.

Pengakuan Pendapatan Provisi dan Komisi

dan

Beban

cc.

Pendapatan provisi dan komisi yang berkaitan langsung dengan kegiatan perkreditan atau jangka waktu tertentu yang jumlahnya signifikan ditangguhkan dan diamortisasi sesuai dengan jangka waktunya dengan menggunakan suku bunga efektif. Untuk kredit yang dilunasi sebelum jatuh temponya, saldo pendapatan provisi dan/atau komisi yang ditangguhkan, diakui pada saat kredit dilunasi.


Revenues and Expenses on Fees and Commissions Fees and commissions directly related to loan activities or specific terms and with significant amounts are deferred and amortized over the periods of related loan commitments using the effective interest rate method. For loans settled prior to maturity date, the balances of deferred fee or commission are recognized as income at loan settlement date.

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Provisi dan komisi yang tidak berkaitan dengan kegiatan perkreditan atau pinjaman dan jangka waktu atau nilainya tidak material, diakui sebagai pendapatan atau beban pada saat terjadinya transaksi.

Fees and commissions which are not related to either loan activities or period of time or whose amounts are not material are recognized as revenue or expense when earned or incurred.

dd. Pajak Penghasilan

dd. Income Tax

Beban pajak kini ditentukan berdasarkan laba kena pajak dalam periode yang bersangkutan yang dihitung berdasarkan tarif pajak yang berlaku.

Current tax expense is determined based on the taxable income for the year computed using prevailing tax rates.

Aset dan liabilitas pajak tangguhan diakui atas konsekuensi pajak periode mendatang yang timbul dari perbedaan jumlah tercatat aset dan liabilitas menurut laporan keuangan dengan dasar pengenaan pajak aset dan liabilitas. Liabilitas pajak tangguhan diakui untuk semua perbedaan temporer kena pajak dan aset pajak tangguhan diakui untuk semua perbedaan temporer yang boleh dikurangkan, sepanjang besar kemungkinan dapat dimanfaatkan untuk mengurangi laba kena pajak pada masa datang.

Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of assets and liabilities and their respective tax bases. Deferred tax liabilities are recognized for all taxable temporary differences and deferred tax assets are recognized for all deductible temporary differences to the extent that it is probable that taxable income will be available in future periods against which the deductible temporary differences can be utilized.

Aset dan liabilitas pajak tangguhan diukur dengan menggunakan tarif pajak yang diekspektasikan berlaku dalam periode ketika liabilitas diselesaikan atau aset dipulihkan dengan tarif pajak (dan peraturan pajak) yang telah berlaku atau secara substantif telah berlaku pada akhir periode pelaporan.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realized, based on the tax rates (and tax laws) that have been enacted, or substantively enacted, by the end of the reporting period.

Pengukuran aset dan liabilitas pajak tangguhan mencerminkan konsekuensi pajak yang sesuai dengan cara Bank dan entitas anak ekspektasikan, pada akhir periode pelaporan, untuk memulihkan atau menyelesaikan jumlah tecatat aset dan liabilitasnya.

The measurement of deferred tax assets and liabilities reflects the consequences that would follow from the manner in which the Bank and its subsidiary expect, at the end of the reporting period, to recover or settle the carrying amount of their assets and liabilities.

Jumlah tercatat aset pajak tangguhan dikaji ulang pada akhir periode pelaporan dan dikurangi jumlah tercatatnya jika kemungkinan besar laba kena pajak tidak lagi tersedia dalam jumlah yang memadai untuk mengkompensasikan sebagian atau seluruh aset pajak tangguhan tersebut.

The carrying amount of deferred tax asset is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Aset dan liabilitas pajak tangguhan saling hapus ketika entitas memiliki hak yang dapat dipaksakan secara hukum untuk melakukan saling hapus aset pajak kini terhadap liabilitas pajak kini dan ketika aset pajak tangguhan dan liabilitas pajak tangguhan terkait dengan pajak penghasilan yang dikenakan oleh otoritas perpajakan yang sama serta Bank dan entitas anak yang berbeda yang bermaksud untuk memulihkan aset dan liabilitas pajak kini dengan dasar neto.

Deferred tax assets and liabilities are offset when there is legally enforceable right to set off current tax assets against current tax liabilities and when they relate to income taxes levied by the same taxation authority and the Bank and its subsidiary intend to settle their current tax assets and current tax liabilities on a net basis.

Pajak kini dan pajak tangguhan diakui sebagai beban atau penghasilan dalam laba atau rugi, kecuali sepanjang pajak penghasilan yang berasal dari transaksi atau kejadian yang diakui, diluar laba atau rugi (baik dalam pendapatan komprehensif lain maupun secara langsung di ekuitas), dalam hal tersebut pajak juga diakui di luar laba atau rugi.

Current and deferred tax are recognized as an expense or income in profit or loss, except when they relate to items that are recognized outside of profit or loss (whether in other comprehensive income or directly in equity), in which case the tax is also recognized outside of profit or loss.

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115


ee.

ff.


Laba per Saham

ee.

Laba per saham dasar dihitung dengan membagi laba bersih konsolidasian yang diatribusikan kepada pemilik entitas induk dengan jumlah rata-rata tertimbang saham yang beredar pada tahun yang bersangkutan.

Basic earnings per share is calculated by dividing consolidated net income attributable to the owners of the entity with the weighted average number of shares outstanding during the year.

Laba per saham dilusian dihitung dengan membagi laba bersih yang diatribusikan kepada pemilik entitas induk dengan jumlah rata-rata tertimbang saham biasa yang telah disesuaikan dengan dampak dari semua efek berpotensi saham biasa yang dilutif.

Diluted earnings per share is computed by dividing net income attributable to the owners of the entity by the weighted average number of shares outstanding as adjusted for the effects of all potentially dilutive ordinary shares.

Provisi

ff.

Provisions

Provisi diakui ketika Bank dan entitas anak memiliki kewajiban kini (baik bersifat hukum maupun konstruktif) sebagai akibat peristiwa masa lalu, kemungkinan besar Bank dan entitas anak diharuskan menyelesaikan kewajiban dan estimasi andal mengenai jumlah kewajiban tersebut dapat dibuat.

Provisions are recognized when the Bank and its subsidiary have a present obligation (legal or constructive) as a result of a past event, it is probable that the Bank and its subsidiary will be required to settle the obligation, and a reliable estimate can be made of the amount of the obligation.

Jumlah yang diakui sebagai provisi merupakan estimasi terbaik dari pertimbangan yang diperlukan untuk menyelesaikan kewajiban kini pada akhir periode pelaporan, dengan mempertimbangkan risiko dan ketidakpastian yang meliputi kewajibannya. Apabila suatu provisi diukur menggunakan arus kas yang diperkirakan untuk menyelesaikan kewajiban kini, maka nilai tercatatnya adalah nilai kini dari arus kas.

The amount recognized as a provision is the best estimate of the consideration required to settle the present obligation at the end of the reporting period, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows.

Ketika beberapa atau seluruh manfaat ekonomi untuk penyelesaian provisi yang diharapkan dapat dipulihkan dari pihak ketiga, piutang diakui sebagai aset apabila terdapat kepastian bahwa penggantian akan diterima dan jumlah piutang dapat diukur secara handal.

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognized as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

gg. Penurunan Nilai Aset Non-keuangan

gg. Impairment of Non-financial Asset

Pada tanggal pelaporan, Bank dan entitas anak menelaah nilai tercatat aset nonkeuangan untuk menentukan apakah terdapat indikasi bahwa aset tersebut telah mengalami penurunan nilai. Jika terdapat indikasi tersebut, nilai yang dapat diperoleh kembali dari aset diestimasi untuk menentukan tingkat kerugian penurunan nilai (jika ada). Bila tidak memungkinkan untuk mengestimasi nilai yang dapat diperoleh kembali atas suatu aset individu, Bank dan entitas anak mengestimasi nilai yang dapat diperoleh kembali dari unit penghasil kas atas aset.


Earnings per Share

At reporting dates, the Bank and its subsidiary review the carrying amounts of non-financial assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the Bank and its subsidiary estimate the recoverable amount of the cash generating unit to which the asset belongs.

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Perkiraan jumlah yang dapat diperoleh kembali adalah nilai tertinggi antara nilai wajar setelah dikurangi biaya untuk menjual atau nilai pakai. Jika jumlah yang dapat diperoleh kembali dari aset non-keuangan (unit penghasil kas) kurang dari nilai tercatatnya, nilai tercatat aset (unit penghasil kas) dikurangi menjadi sebesar nilai yang dapat diperoleh kembali dan rugi penurunan nilai diakui langsung ke laba rugi. 4.

Estimated recoverable amount is the higher fair value less cost to sell and value in use. If the recoverable amount of a non-financial asset (cash generating unit) is less than its carrying amount, the carrying amount of the asset (cash generating unit) is reduced to its recoverable amount and an impairment loss is recognized immediately against earnings.

PERTIMBANGAN KRITIS AKUNTANSI DAN ESTIMASI AKUNTANSI YANG SIGNIFIKAN

4.

CRITICAL ACCOUNTING JUDGMENTS AND ESTIMATES

Dalam rangka penerapan kebijakan akuntansi Bank, sebagaimana dijelaskan pada Catatan 3, manajemen diharuskan untuk membuat pertimbangan, estimasi dan asumsi tentang nilai tercatat aset dan liabilitas yang tidak tersedia dari sumber lain. Estimasi dan asumsi dasar berdasarkan pengalaman historis dan faktor lain yang dianggap relevan. Hasil aktual dapat berbeda dari estimasi tersebut.

In the application of the Bank‟s accounting policies, which are described in Note 3, the management is required to make judgments, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

Estimasi dan asumsi yang mendasari direview secara berkala. Revisi terhadap estimasi akuntansi akan diakui pada periode dimana estimasi tersebut direvisi, jika revisi tersebut hanya berpengaruh terhadap periode tersebut, atau pada periode tersebut dan periode berikutnya jika revisi tersebut mempengaruhi kedua periode tersebut.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

Pertimbangan Kritis Kebijakan Akuntansi

Penerapan

Critical Judgments in Applying Accounting Policies

Di bawah ini adalah pertimbangan kritis, selain dari estimasi yang telah diatur, dimana direksi telah membuat suatu proses penerapan kebijakan akuntansi Bank dan memiliki pengaruh paling signifikan terhadap jumlah yang diakui dalam laporan keuangan konsolidasian.

Below are the critical judgements, apart from those involving estimations, that the directors have made in the process of applying the Bank accounting policies and that have the most significant effect on the amounts recognized in the consolidated financial statements.

Aset keuangan yang dimiliki hingga jatuh tempo

Held-to-maturity financial assets

Manajemen telah menelaah aset keuangan Bank dan entitas anak yang dimiliki hingga jatuh tempo karena persyaratan pemeliharaan modal dan likuiditas dan telah dikonfirmasi intensi positif Bank dan entitas anak dan kemampuan untuk memiliki aset tersebut hingga jatuh tempo. Rincian dan jumlah tercatat aset keuangan yang dimiliki hingga jatuh tempo dijelaskan dalam Catatan 8.

The management have reviewed the Bank and its subsidiary‟s held-to-maturity financial assets in the light of its capital maintenance and liquidity requirements and have confirmed the Bank and its subsidiary‟s positive intention and ability to hold those assets to maturity. The details and its carrying amounts of the held-to-maturity financial assets are described in Note 8.

Sumber estimasi ketidakpastian

Key sources of estimation uncertainty

Asumsi utama mengenai masa depan dan sumber estimasi lainnya pada akhir periode pelaporan, yang memiliki risiko signifikan yang mengakibatkan penyesuaian material terhadap jumlah tercatat aset dan liabilitas dalam periode pelaporan berikutnya dijelaskan dibawah ini:

The key assumptions concerning future, and other key sources of estimation at the end of the reporting period, that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial period are explained below:

dalam

- 34 -



117


Cadangan keuangan

kerugian

penurunan

nilai


aset

Provision for losses on impairment of financial assets

Pada setiap tanggal laporan posisi keuangan, Bank dan entitas anak mengevaluasi apakah terdapat bukti objektif bahwa aset keuangan mengalami penurunan nilai. Suatu aset keuangan dinyatakan mengalami penurunan nilai bila ada bukti obyektif terjadinya peristiwa yang berdampak pada estimasi arus kas atas aset keuangan. Bukti tersebut meliputi data yang dapat diobservasi yang menunjukkan bahwa telah terjadi peristiwa yang merugikan dalam status pembayaran debitur atau kondisi ekonomi nasional atau lokal yang berkorelasi dengan kelalaian membayar piutang.

At each reporting date, the Bank and its subsidiary evaluate whether there is objective evidence that financial assets are impaired. Financial assets are considered to be impaired when there is objective evidence that, as a result of one or more events that occurred after the initial recognition of the financial asset, the estimated future cash flows of the financial assets have been affected. The evidence includes observable data which indicates that an adverse event has occurred in the payment status of borrowers or in the national or local economic conditions that correlate with the omission of payment of receivables.

Kerugian penurunan nilai adalah selisih antara nilai tercatat dan nilai kini dari estimasi arus kas masa depan dan realisasi agunan pada tingkat suku bunga efektif awal dari aset keuangan tersebut. Cadangan kerugian penurunan nilai akan dibentuk untuk mengakui kerugian penurunan nilai yang terjadi dalam portofolio aset keuangan. Manajemen menggunakan perkiraan berdasarkan pengalaman kerugian historis untuk aset dengan karakteristik risiko kredit dan bukti obyektif adanya penurunan nilai yang serupa dengan yang ada dalam portofolio pada saat penjadwalan arus kas masa depan.

Impairment loss is the difference between the carrying amount and the present value of estimated future cash flows and the realization of collateral at the initial effective interest rates of the financial assets. Provision for loss on impairment will be set up to recognize the impairment loss that occurs in a portfolio of financial assets. Management uses estimates based on historical loss experience for assets with credit risk characteristics and objective evidence of impairment similar to those in the portfolio when scheduling the future cash flows.

Bank dan entitas anak melakukan penilaian terhadap penurunan nilai dalam dua cara, yaitu:

Bank and its subsidiary perform assessment of the impairment amounts in two ways, namely:

a.

a.

Individual, dilakukan untuk jumlah aset keuangan yang melebihi ambang batas (threshold) tertentu dan aset keuangan yang memiliki bukti obyektif penurunan nilai yang telah teridentifikasi secara terpisah pada tanggal laporan posisi keuangan. Kerugian penurunan nilai adalah selisih antara nilai tercatat dan nilai kini dari estimasi terbaik atas arus kas masa depan dan realisasi agunan pada tingkat suku bunga efektif awal dari aset keuangan tersebut. Estimasi ini dilakukan dengan mempertimbangkan kapasitas utang dan fleksibilitas keuangan debitur, kualitas pendapatan debitur, jumlah dan sumber arus kas, industri di mana debitur beroperasi dan nilai realisasi agunan. Estimasi jumlah dan waktu pemulihan masa depan akan membutuhkan banyak pertimbangan. Jumlah penerimaan tergantung pada kinerja debitur pada masa mendatang dan nilai agunan, keduanya akan dipengaruhi oleh kondisi ekonomi di masa depan, di samping itu agunan mungkin tidak mudah dijual. Nilai aktual arus kas masa depan dan tanggal penerimaan mungkin berbeda dari estimasi tersebut dan akibatnya kerugian aktual yang terjadi mungkin berbeda dengan yang diakui dalam laporan keuangan


- 35 -

Individually, made to the amount of financial assets that exceed certain threshold and to certain financial assets that have objective evidence that impairment has been identified separately on the date of statement of financial position. Impairment loss is the difference between the carrying amount and the present value of the best estimated future cash flows and realization of collateral at the initial effective interest rates of financial assets. The estimates are made by considering the debt capacity and financial flexibility of the debtor, debtor's earnings quality, quantity and source of cash flows, industry in which the debtor operates and realizable value of collateral. Estimating the amount and timing of future recovery will require a lot of considerations. The amount of revenue depends on the performance of the debtor in the future and the value of collateral, both of which will be affected by future economic conditions, in addition to the fact that the collateral may not be easily sold. The actual value and date of receipt of future cash flows may differ from the estimates and as a result, actual loss which occurs may be different from the amount recognized in the financial statements.



b.


Kolektif, dilakukan untuk jumlah aset keuangan yang tidak melebihi ambang batas (threshold) tertentu, tidak memiliki bukti obyektif penurunan nilai dan aset keuangan yang memiliki bukti obyektif penurunan nilai, namun belum diidentifikasi secara terpisah pada tanggal laporan posisi keuangan. Pembentukan kerugian penurunan nilai dilakukan secara kolektif dengan antara lain memperhitungkan jumlah dan lamanya tunggakan, agunan dan pengalaman kerugian masa lalu. Faktor paling penting dalam pembentukan cadangan adalah probability of default dan loss given default. Kualitas aset keuangan pada masa mendatang dipengaruhi oleh ketidakpastian yang dapat menyebabkan kerugian aktual aset keuangan dapat berbeda secara material dari cadangan kerugian penurunan nilai yang telah dibentuk. Ketidakpastian ini termasuk lingkungan ekonomi, suku bunga dan pengaruhnya terhadap pembelanjaan debitur, tingkat pengangguran dan perilaku pembayaran.

b.

Collectively, made to the amount of financial assets that do not exceed certain threshold and do not have objective evidence of impairment assessed individually, and to the financial assets that have objective evidence of impairment but has not been identified separately on the date of statement of financial position. Establishment of collective impairment loss is made by, among others, taking into account the number and duration of arrears, collateral and past loss experience. The most important factors in establishing reserves are the probability of default and the loss given default. The quality of financial assets in the future is affected by uncertainties that could cause actual loss on financial assets, which may differ materially from the impairment loss reserves that have been established. These uncertainties include the economic environment, interest rates and the effect on spending of the debtor, unemployment rate and payment behavior.

Metodologi dan asumsi yang digunakan dalam penurunan nilai individual dan kolektif ini akan ditelaah secara berkala untuk mengurangi perbedaan antara estimasi kerugian dan kerugian aktual.

The methodology and assumptions used in the individual and collective impairment will be reviewed regularly to reduce the difference between estimated and actual losses.

Manfaat Karyawan

Employee benefits

Penentuan liabilitas imbalan kerja tergantung pada pemilihan asumsi tertentu yang digunakan oleh aktuaris dalam menghitung jumlah liabilitas tersebut. Asumsi tersebut termasuk antara lain tingkat diskonto dan tingkat kenaikan gaji. Realisasi yang berbeda dari asumsi Bank dan entitas anak diakumulasi dan diamortisasi selama periode mendatang dan akibatnya akan berpengaruh terhadap jumlah biaya serta liabilitas yang diakui di masa mendatang. Walaupun asumsi Bank dan entitas anak dianggap tepat dan wajar, namun perubahan signifikan pada kenyataannya atau perubahan signifikan dalam asumsi yang digunakan dapat berpengaruh secara signifikan terhadap liabilitas imbalan pasca kerja Bank dan entitas anak.

Determination of liability for employee benefits depends on the selection of certain assumptions used by actuaries in calculating the amount of such liability. These assumptions include, among others, the discount rate and the rate of increase in salaries. Different realization of the Bank and its subsidiary‟s assumptions is accumulated and amortized over future periods and consequently will affect the amount of costs and liabilities recognize in the future periods. Although the assumptions used by the Bank and its subsidiary are assessed to be appropriate and fair, significant changes in actual events or significant changes in the assumptions used can significantly affect the Bank and its subsidiary's post-employment benefits liability.

Taksiran Masa Manfaat Ekonomis Aset Tetap

Estimated Useful Equipment

Masa manfaat setiap aset tetap Bank dan entitas anak ditentukan berdasarkan kegunaan yang diharapkan dari aset tersebut. Estimasi ini ditentukan berdasarkan evaluasi teknis internal dan pengalaman atas aset sejenis. Masa manfaat setiap aset direview secara periodik dan disesuaikan apabila prakiraan berbeda dengan estimasi sebelumnya karena keausan, keusangan teknis dan komersial, hukum atau keterbatasan lainnya atas pemakaian aset. Namun terdapat kemungkinan bahwa hasil operasi dimasa mendatang dapat dipengaruhi secara signifikan oleh perubahan atas jumlah serta periode pencatatan biaya yang diakibatkan karena perubahan faktor yang disebutkan di atas.

The useful life of each item of the Bank and its subsidiary premises and equipment, are estimated based on the period over which the asset is expected to be available for use. Such estimation is based on internal technical evaluation and experience with similar assets. The estimated useful life of each asset is reviewed periodically and updated if expectations differ from previous estimates due to physical wear and tear, technical or commercial obsolescence and legal or other limits on the use of the asset. It is possible, however, that future results of operations could be materially affected by changes in the amounts and timing of recorded expenses brought about by changes in the factors mentioned above.

- 36 -


Lives

of

Premises


and

119


5.


Perubahan masa manfaat aset tetap dapat mempengaruhi jumlah biaya penyusutan yang diakui dan penurunan nilai tercatat aset tetap.

A change in the estimated useful life of any item of premises and equipment would affect the recorded depreciation expense and decrease in the carrying values of premises and equipment.

Nilai tercatat aset tetap diungkapkan dalam Catatan 14.

The carrying amounts of premises and equipment are disclosed in Note 14.

GIRO PADA BANK INDONESIA Jumlah/ Total Rp

5. 2012 Persentase GWM/ MMD Percentage %

Rupiah Dollar Amerika Serikat

243.775.006.456 428.891.000.000

Jumlah

672.666.006.456

8,37 8,83

DEMAND DEPOSITS WITH BANK INDONESIA Jumlah/ Total Rp

2011

238.671.244.170 388.563.800.000 627.235.044.170

Persentase GWM/ MMD Percentage % 8,20 8,26

Rupiah U.S. Dollar Total

Sesuai dengan Peraturan Bank Indonesia No. 12/19/PBI/2010 tanggal 4 Oktober 2010, yang diubah dengan Peraturan Bank Indonesia No. 13/10/PBI/2011 tanggal 9 Pebruari 2011, tentang Giro Wajib Minimum Bank Umum pada Bank Indonesia dalam Rupiah dan Valuta Asing, setiap bank di Indonesia diwajibkan mempunyai saldo giro minimum di Bank Indonesia untuk cadangan likuiditas. Giro Wajib Minimum (GWM) dalam Rupiah terdiri dari GWM Primer yang ditetapkan sebesar 8% dan GWM Sekunder yang ditetapkan 2,5% yang mulai berlaku tanggal 1 Nopember 2010, serta GWM Loan to Deposit Ratio (LDR) sebesar perhitungan antara parameter disinsentif bawah atau parameter disinsentif atas dengan selisih antara LDR bank dan LDR target dengan memperhatikan selisih antara Kewajiban Penyediaan Modal Minimum (KPMM) bank dan KPMM Insentif yang mulai berlaku tanggal 1 Maret 2011. GWM dalam Dollar Amerika Serikat ditetapkan sebesar 8% sejak tanggal 1 Juni 2011.

In accordance with Bank Indonesia Regulation No. 12/19/PBI/2010 dated October 4, 2010 and its amendment Bank Indonesia Regulation No. 13/10/PBI/2011 dated February 9, 2011, regarding Mandatory Minimum Deposit Balances (MMD) with Bank Indonesia in Rupiah and Foreign Currencies, each bank in Indonesia is required to maintain minimum deposit balances with Bank Indonesia, as liquidity reserve. The Minimum Statutory Reserves consists of Primary Minimum Statutory Reserves which is set at 8% and the Secondary Minimum Statutory Reserves which is set at 2.5% which is effective from November 1, 2010, and Loan to Deposit Ratio (LDR) Minimum Statutory Reserves which is determined in the amount of computation between parameters under disincentive and over disincentive for the difference between the bank's LDR and LDR target by taking into account the difference between the bank's Capital Adequacy Ratio (CAR) and CAR incentive which become effective from March 1, 2011. The Minimum Statutory Reserves in the United States Dollar is set at 8% which is effective from June 1, 2011.

Pada tanggal 31 Desember 2012 dan 2011, GWM sekunder Bank yang terdiri dari Sertifikat Bank Indonesia (SBI) masing-masing sebesar 5,49% dan 4,12%.

As of December 31, 2012 and 2011 the Bank‟s secondary MMD which consists of Bank Indonesia Certificates were 5.49% and 4.12%, respectively.

Pada tanggal 31 Desember 2012 dan 2011, Bank tidak membentuk GWM LDR karena LDR Bank lebih besar dari batas atas LDR target dan KPMM Bank diatas 14%.

As of December 31, 2012 and 2011, the Bank did not establish LDR minimum statutory reserves because of Bank‟s LDR was above LDR target and Bank‟s CAR was above 14%.

Pada tanggal 31 Desember 2012 dan 2011, Bank telah memenuhi GWM sesuai dengan ketentuan Bank Indonesia.

As of December 31, 2012 and 2011, the Bank has complied with the MMD required under Bank Indonesia regulation.


- 37 -




6.

6.

GIRO PADA BANK LAIN Merupakan penempatan giro pada bank lain selain Bank Indonesia, dengan rincian sebagai berikut:

Pihak berelasi Mata uang asing Resona Bank Ltd, Jepang The Bank of East Asia, Hongkong Sub jumlah Pihak ketiga Rupiah PT Bank Mandiri (Persero) Tbk Lainnya (masing-masing di bawah Rp 10 juta) Mata uang asing JP Morgan Chase Bank NA, Amerika Serikat Citibank JP Tokyo, Jepang Deutsche Bank Trust Co., Amerika Serikat PT Bank Central Asia Tbk JP Morgan Chase Bank AG, Jerman OCBC Bank, Singapura Bangkok Bank Public Company Limited, Thailand Lainnya (masing-masing di bawah Rp 1 miliar) Sub jumlah Jumlah

Tingkat bunga efektif rata-rata per tahun Rupiah

DEMAND DEPOSITS WITH OTHER BANKS This account represents current accounts with banks other than Bank Indonesia, with details as follows:

2012 Rp

2011 Rp

19.301.028.604

20.647.753.579

6.894.238

20.548.268

19.307.922.842

20.668.301.847

Related parties Foreign currencies Resona Bank Ltd, Japan The Bank of East Asia, Hongkong Sub total Third parties Rupiah PT Bank Mandiri (Persero) Tbk Others (below Rp 10 million each) Foreign currencies

13.694.691

49.160.837

13.979.915

14.313.815

420.458.416.564 69.076.936.469

563.171.855.160 129.489.077.132

28.888.083.322 17.752.537.146

36.985.499.711 23.213.984.061

8.583.029.781 6.132.124.455

3.806.990.162 2.422.417.650

2.232.045.109

716.429.848

JP Morgan Chase Bank NA, USA Citibank JP Tokyo, Japan Deutsche Bank Trust Co., USA PT Bank Central Asia Tbk JP Morgan Chase Bank AG, Germany OCBC Bank, Singapore Bangkok Bank Public Company Limited, Thailand

1.341.245.762

562.437.608

Others (below Rp 1 billion each)

554.492.093.214

760.432.165.984

573.800.016.056

781.100.467.831

0,21%

0,21%

Sub total Total

Average annual interest rate Rupiah

Seluruh giro pada bank lain pada tanggal 31 Desember 2012 dan 2011 tidak mengalami penurunan nilai.

All demand deposits with other banks are not impaired as of December 31, 2012 and 2011.

Manajemen berpendapat bahwa cadangan kerugian penurunan nilai atas giro pada bank lain tidak perlu dibentuk karena giro pada bank lain dinilai akan dapat dicairkan pada saat jatuh tempo.

Management believes that no allowance for impairment losses is to be provided since demand deposits with other banks are assessed to be collectible upon maturity.

- 38 -



121



7.

7.

PENEMPATAN PADA BANK INDONESIA DAN BANK LAIN Penempatan pada Bank Indonesia dan bank lain berdasarkan jenis, mata uang dan nama bank adalah sebagai berikut:

Jenis penempatan Pihak ketiga Rupiah Call loan Bank Jabar Banten, Bandung JP Morgan Chase Bank, Jakarta setelah ditambah broker fee yang belum diamortisasi sebesar Rp 121.557 The Hongkong and Shanghai Banking Corp, Jakarta setelah ditambah broker fee yang belum diamortisasi sebesar Rp 121.557 Bank Commonwealth, Jakarta setelah ditambah broker fee yang belum diamortisasi sebesar Rp 43.413 Bank Mega, Jakarta

Jangka waktu/ Term hari/days

Classification of placements with Bank Indonesia and other banks by type, currencies and bank‟s name are as follows:

2012 Tingkat bunga efektif rata-rata per tahun/ Average annual effective interest rate

Jumlah/ Amount Rp

5

4,30%

50.000.000.000

5

4,35%

70.000.121.557

5

4,35%

70.000.121.557

5 5

4,35% 4,40%

25.000.043.413 60.000.000.000

Subjumlah

275.000.286.527

Mata uang asing Deposito berjangka - OCBC Bank, Singapura Rupiah Bank Indonesia Intervensi setelah dikurangi bunga yang belum diamortisasi sebesar Rp 162.658.322 Penempatan Pada Bank Indonesia dan Bank Lain

759

Pihak ketiga Mata uang asing Deposito berjangka - OCBC Bank, Singapura Rupiah Bank Indonesia Intervensi setelah dikurangi bunga yang belum diamortisasi sebesar Rp 113.721.571 Penempatan Pada Bank Indonesia dan Bank Lain

0,57%

5

4,00%

260.226.000.000

1.126.837.341.678 1.662.063.628.205


Jenis penempatan


732

3

0,48%

4,50%

Jumlah/ Amount Rp

203.250.027.950

909.886.278.429 1.113.136.306.379

Seluruh penempatan pada bank lain pada tanggal 31 Desember 2012 dan 2011 tidak mengalami penurunan nilai.


PLACEMENTS WITH BANK INDONESIA AND OTHER BANKS

Type of placement Third parties Rupiah Call loan Bank Jabar Banten, Bandung JP Morgan Chase Bank, Jakarta net of unamortized broker fee Rp 121,557 The Hongkong and Shanghai Banking Corp, Jakarta net of unamortized broker fee Rp 121,557 Bank Commonwealth, Jakarta net of unamortized broker fee Rp 43,413 Bank Mega, Jakarta Subtotal Foreign currencies Time deposit - OCBC Bank, Singapore Rupiah Bank Indonesia Intervention net of unamortized interest of Rp 162,658,322 Placements with Bank Indonesia and Other Banks

Type of placement Third parties Foreign currencies Time deposit - OCBC Bank, Singapore Rupiah Bank Indonesia Intervention net of unamortized interest of Rp 113,721,571 Placements with Bank Indonesia and Other Banks

All placements with other banks are not impaired as of December 31, 2012 and 2011.

- 39 -




Manajemen berpendapat bahwa cadangan kerugian penurunan nilai atas penempatan pada bank lain tidak perlu dibentuk karena penempatan pada bank lain dinilai akan dapat dicairkan pada saat jatuh tempo. 8.

Management believes that no allowance for impairment losses is to be provided since placements with other banks are assessed to be collectible upon maturity.

EFEK-EFEK

8.

Efek-efek berdasarkan tujuan investasi, jenis dan mata uang adalah sebagai berikut:

Securities classified according to purpose, type and currencies are as follows:

2012 Rp

Pihak ketiga Dimiliki hingga jatuh tempo Rupiah Sertifikat Bank Indonesia Pendapatan dan biaya yang belum diamortisasi

2011 Rp

160.000.000.000 (3.594.501.385)

Subjumlah

156.405.498.615

Pinjaman yang diberikan dan piutang Mata uang asing Wesel ekspor Pendapatan yang dapat diatribusikan Subjumlah Jumlah Efek-efek

Sertifikat Bank Indonesia Wesel ekspor

273 14 - 90

Third parties Held-to-maturity Rupiah 120.000.000.000 Bank Indonesia Certificates Unamortized income and (1.576.991.787) expenses 118.423.008.213

Subtotal

38.095.233.687 (25.877.640)

Loans and receivables Foreign currencies 14.385.880.434 Export drafts (23.529.183) Atributable income

38.069.356.047

14.362.351.251

194.474.854.662

132.785.359.464

Suku bunga rata-rata per tahun dan jangka waktu adalah sebagai berikut:


SECURITIES

Subtotal Total Securities

Average interest rates per annum and term are as follows:


4,61% 3,09%

Jangka waktu/ Term hari/days 273 14 - 81


6,06% 2,05%

Bank Indonesia Certificates Export drafts

Seluruh efek-efek pada tanggal 31 Desember 2012 dan 2011 tidak mengalami penurunan nilai.

The Bank‟s securities are not impaired as of December 31, 2012 and 2011.

Manajemen berpendapat bahwa cadangan kerugian penurunan nilai atas efek-efek tidak perlu dibentuk karena efek-efek dinilai akan dapat dicairkan pada saat jatuh tempo.

Management believes that no allowance for impairment losses is to be provided since securities are assessed to be collectible upon maturity.

- 40 -



123



9.

9.

TAGIHAN DAN LIABILITAS DERIVATIF

DERIVATIVE RECEIVABLES AND PAYABLES

Bank melakukan transaksi derivatif terutama dalam bentuk pembelian dan penjualan berjangka valuta asing (forward) dan swap. Forward dan Swap merupakan komitmen untuk menjual dan membeli sejumlah mata uang tertentu pada tanggal di masa mendatang dengan harga yang telah ditentukan terlebih dahulu.

The Bank‟s derivative financial instruments principally consist of forward foreign exchange contracts and swap contracts. Forward and Swap contracts are agreements to buy or sell a currency for another currency at a future date and at a specified price.

Transaksi perangkat moneter derivatif di atas menimbulkan risiko pasar dan risiko kredit. Risiko pasar dari transaksi perangkat moneter derivatif timbul sebagai akibat dari adanya fluktuasi dalam tingkat bunga dan kurs mata uang. Sedangkan risiko kredit timbul dalam hal pihak lain tidak memenuhi liabilitasnya kepada Bank. Jangka waktu dari pembelian dan penjualan berjangka valuta asing berkisar antara 1 sampai 13 bulan.

The Bank‟s derivative financial instruments give rise to market and credit risks. The market risk of derivative financial instruments arises from the potential changes in value due to fluctuations in interest and foreign exchange rates. Credit risk is the possibility that a loss may occur due to the failure of a counterparty to fulfill its obligations according to the terms of the contract. The Bank‟s derivative financial instruments have terms ranging from 1 to 13 months.

Pada tanggal 31 Desember 2012 dan 2011, tidak ada transaksi derivatif yang diperlukan sebagai akuntansi lindung nilai. Dengan demikian, seluruh laba/rugi yang berasal dari transaksi derivatif diakui pada laba rugi.

As of December 31, 2012 and 2011, none of the Bank‟s derivative transactions were designated as hedging instruments for accounting purposes. Accordingly, all gains and losses resulting from the derivative transactions are recognized in profit or loss.

Rincian tagihan dan liabilitas derivatif pada tanggal 31 Desember 2012 dan 2011 adalah sebagai berikut:

The details of derivative receivables and payables as of December 31, 2012 and 2011 are as follows: 2012

Jumlah nosional/ Notional amount Beli/Buy Rp Pihak ketiga Forward SWAP SPOT Jumlah tagihan derivatif dan liabilitas derivatif

671.247.691.919 149.749.799.538 71.110.430.677

Jual/Sell Rp 666.215.700.990 149.791.573.580 71.354.369.662

Tagihan/ Receivables Rp

Liabilitas/ Payables Rp

13.343.185.913 427.352.195 89.116.776

7.158.427.558 415.545.517 249.988.172

13.859.654.884

7.823.961.247

Tagihan/ Receivables Rp

Liabilitas/ Payables Rp

Third parties Forward SWAP SPOT Total derivative receivables and derivative payables

2011 Jumlah nosional/ Notional amount Beli/Buy Rp Pihak ketiga Forward SWAP SPOT Jumlah tagihan derivatif dan liabilitas derivatif


553.984.136.470 236.189.727.605 65.146.526.000

Jual/Sell Rp 549.616.561.998 237.701.458.406 66.182.416.170

- 41 -

6.720.236.435 941.412.557 4.150.731

2.203.788.760 1.750.944.514 987.491.146

7.665.799.723

4.942.224.420

Third parties Forward SWAP SPOT Total derivative receivables and derivative payables




10. KREDIT

10. LOANS

a.

Jenis Pinjaman

By Type of Loans

2012 Rp

2011 Rp

3.188.964.079.457 793.268.291.410 169.278.502.647 64.177.322.866 35.631.194.197 22.567.944.340

2.377.801.382.798 1.081.452.690.950 168.540.304.593 9.623.221.755 36.312.500.000 22.307.751.325

5.979.131.270 1.976.448.401

6.103.801.954 3.830.700.442

Jumlah Cadangan kerugian penurunan nilai

4.281.842.914.588

3.705.972.353.817

Bersih

4.243.464.424.750

Rupiah Pihak ketiga Kredit modal kerja Kredit investasi Pinjaman ekspor Anjak piutang Pinjaman sindikasi Trust receipts Pinjaman karyawan bukan manajemen Fasilitas cerukan

Mata uang asing Pihak ketiga Kredit modal kerja Pinjaman ekspor Kredit investasi Trust receipts Promissory notes two-step loans Anjak piutang Ekspor two-step loans Pinjaman sindikasi

(38.378.489.838)

116.163.942.949 35.518.195.851 9.772.932.000 -

150.901.229.864 28.275.536.905 12.024.168.000 45.340.000.000


3.972.723.414.293

3.342.165.851.990

Bersih

3.910.733.629.955

3.223.878.726.713

8.154.198.054.705

6.927.170.549.059

Tingkat bunga efektif rata-rata per tahun Rupiah Dollar Amerika Serikat Yen Jepang

10,36% 4,00% 1,73%

Net Foreign currencies Third parties Working capital loans Export loans Investment loans Trust receipts Promissory notes two-step loans Factoring Export two-step loans Syndicated loans Total Allowance for Impairment losses

(118.287.125.277)

10,92% 4,10% 2,21%

Mata Uang

Total Allowance for Impairment losses

3.703.291.822.346

1.928.801.623.621 702.579.795.200 309.052.915.010 165.190.583.390

(61.989.784.338)

Rupiah Third parties Working capital loans Investment loans Export loans Factoring Syndicated loans Trust receipts Non-management employee loans Overdraft facility

(2.680.531.471)

2.250.306.872.338 856.680.975.820 561.769.737.005 142.510.758.330

Kredit - Bersih

b.

a.

b.

Net Loans - Net Average effective interest rates per annum Rupiah U.S. Dollar Japanese Yen

By Currencies

2012 Rp

2011 Rp

Rupiah Dollar Amerika Serikat Yen Jepang

4.281.842.914.588 3.610.313.006.350 362.410.407.943

3.705.972.353.817 3.137.465.879.698 204.699.972.292

Rupiah U.S. Dollar Japanese Yen


8.254.566.328.881

7.048.138.205.807


Kredit - Bersih

8.154.198.054.705

(100.368.274.176)

- 42 -

(120.967.656.748) 6.927.170.549.059


Loans - Net


125


c.


Sektor Ekonomi

c. 2012 Rp

d.

By Economic Sector 2011 Rp

Rupiah Industri Pembiayaan dan asuransi Jasa usaha Perdagangan grosir Konstruksi Pertanian Transportasi/pergudangan Hotel restoran Perusahaan induk Lain-lain Sub Jumlah

1.826.165.992.286 875.813.110.817 752.016.531.078 571.991.049.037 184.155.286.241 27.365.198.830 24.533.099.029 10.000.000.000 3.823.516.000 5.979.131.270 4.281.842.914.588

1.500.090.780.486 723.791.848.260 819.767.760.762 471.119.054.186 122.522.851.734 20.451.395.923 34.771.928.512 7.352.932.000 6.103.801.954 3.705.972.353.817

Rupiah Manufacturing Finance and insurance Business service Wholesales trading Construction Agriculture Transportation/storage Hotel/restaurant Holding company Others Sub total

Mata uang asing Industri Perdagangan grosir Jasa usaha Perusahaan induk Perdagangan retail Konstruksi Pembiayaan dan asuransi Pertanian Gas, listrik dan air Lain-lain Sub Jumlah

2.025.351.989.352 900.509.683.644 569.049.666.203 134.787.430.000 92.332.040.000 64.829.332.340 23.501.920.378 10.553.610.000 151.807.742.376 3.972.723.414.293

1.830.849.339.777 583.690.724.808 424.691.401.494 126.815.980.000 88.685.040.000 75.763.140.000 144.240.937.457 13.456.552.454 45.340.000.000 8.632.736.000 3.342.165.851.990

Foreign Currencies Manufacturing Wholesales trading Business service Holding company Retail trading Construction Finance and insurance Agriculture Gas, electricity and water Others Sub total


8.254.566.328.881

7.048.138.205.807

Kredit - Bersih

8.154.198.054.705

(100.368.274.176)

(120.967.656.748) 6.927.170.549.059

d.

Jangka Waktu

Total Allowance for Impairment losses Loans - Net

By Maturity Based on term of loan agreements:

Berdasarkan periode perjanjian kredit:

Rupiah Rp

2012 Mata uang asing/ Foreign currencies Rp

Bersih/ Net Rp

1 tahun > 1 - 2 tahun > 2 - 5 tahun > 5 tahun

420.639.343.471 1.991.443.387.986 1.367.127.843.162 502.632.339.969

620.610.009.478 2.307.299.338.205 574.685.534.230 470.128.532.380

1.041.249.352.949 4.298.742.726.191 1.941.813.377.392 972.760.872.349

1 year > 1 - 2 years > 2 - 5 years > 5 years


4.281.842.914.588

3.972.723.414.293

8.254.566.328.881


Kredit - Bersih

4.243.464.424.750


(38.378.489.838)

(61.989.784.338) 3.910.733.629.955

- 43 -

(100.368.274.176) 8.154.198.054.705

Loans - Net



e.


Rupiah Rp


Bersih/ Net Rp

1 tahun > 1 - 2 tahun > 2 - 5 tahun > 5 tahun

395.189.224.635 1.634.540.688.859 1.204.661.282.023 471.581.158.300

863.029.963.094 1.721.470.131.460 426.354.228.703 331.311.528.733

1.258.219.187.729 3.356.010.820.319 1.631.015.510.726 802.892.687.033

1 year > 1 - 2 years > 2 - 5 years > 5 years


3.705.972.353.817

3.342.165.851.990

7.048.138.205.807


Kredit - Bersih

3.703.291.822.346

(2.680.531.471)

(118.287.125.277) 3.223.878.726.713

e.

Kredit sindikasi merupakan kredit yang diberikan kepada nasabah berdasarkan perjanjian pembiayaan bersama (sindikasi) dengan bank-bank lain. Keikutsertaan Bank sebagai anggota sindikasi dengan persentase kepesertaan 4% dan 4% - 8% masing-masing untuk tahun 2012 dan 2011.

(120.967.656.748) 6.927.170.549.059

Loans - Net

Syndicated loans represent loans given to debtors with syndicated financing agreements with other banks. The percentage of the Bank‟s participation as a member in syndicated loans are 4% and 4% - 8% in 2012 and 2011, respectively.

f.

Pinjaman kepada karyawan Bank ditujukan untuk pendidikan, kepemilikan kendaraan, rumah dan lainnya dengan jangka waktu 10 sampai dengan 120 bulan. Tingkat bunga rata-rata per tahun untuk pinjaman karyawan adalah 5,02% dan 5,01% masing-masing untuk 2012 dan 2011. Pembayaran kembali kredit melalui pemotongan gaji bulanan.

f.

Loans to the Bank‟s non management employees are intended for education, acquisition of vehicles, houses and other personal properties, with maturities of 10 to 120 months. These loans bear average interest rates per annum of 5.02% and 5.01% in 2012 and 2011, respectively. Loans are collected through monthly salary deductions.

g.

Kredit yang diberikan dijamin dengan agunan yang diikat dengan hak tanggungan atau surat kuasa untuk menjual dan jaminan lain yang umumnya diterima oleh industri perbankan antara lain jaminan perusahaan, giro dan deposito berjangka.

g.

Loans are secured by collateral which are legalized by deed of encumbrance, power of attorney to sell and other collaterals that are generally accepted in the banking industry, such as corporate guarantees, demand deposits and time deposits.

h.

Bank telah melakukan restrukturisasi kredit sebesar Rp 160.775.090.972 dengan cadangan kerugian penurunan nilai sebesar Rp 76.070.248.671 pada tanggal 31 Desember 2012 dan Rp 131.657.990.025 dengan cadangan kerugian penurunan nilai sebesar Rp 84.980.992.143 pada tanggal 31 Desember 2011. Bank memberikan perpanjangan jangka waktu kredit dan penurunan suku bunga.

h.

The Bank has restructured loans of Rp 160,775,090,972 with allowance for impairment losses of Rp 76,070,248,671 as of December 31, 2012 and Rp 131,657,990,025 with allowance for impairment losses of Rp 84,980,992,143 as of December 31, 2011. Loan are restructured by giving extension of loan terms and reduction of interest rates.

- 44 -



127


i.

i.

Berdasarkan kriteria yang ditetapkan dalam Peraturan Bank Indonesia, kredit berdasarkan klasifikasi kualitas adalah sebagai berikut:

Rupiah Lancar Dalam perhatian khusus Diragukan Sub jumlah Mata uang asing Lancar Dalam perhatian khusus Kurang lancar Macet Sub jumlah Jumlah

Rupiah Lancar Dalam perhatian khusus Sub jumlah Mata uang asing Lancar Dalam perhatian khusus Kurang lancar Diragukan Macet Sub jumlah Jumlah

j.


2012 Cadangan Kerugian Penurunan Nilai/ Allowance for impairment losses Rp

Jumlah kredit/ Total loans Rp


Bersih/ Net Rp

Rupiah Current

3.739.108.689.379

1.242.296.105

3.737.866.393.274

507.103.031.012 35.631.194.197

18.627.823.984 18.508.369.750

488.475.207.028 17.122.824.447

4.281.842.914.588

38.378.489.839

4.243.464.424.749

3.466.956.173.414

1.700.158.648

3.465.256.014.766

Foreign currencies Current

396.451.694.644 52.086.333.963 57.229.212.272

5.523.355.843 12.638.638.633 42.127.631.213

390.928.338.801 39.447.695.330 15.101.581.059

Special mention Substandard Loss

3.972.723.414.293

61.989.784.337

3.910.733.629.956

8.254.566.328.881

100.368.274.176

8.154.198.054.705

2011 Cadangan Kerugian Penurunan Nilai/ Allowance for impairment losses Rp

Jumlah kredit/ Total loans Rp

Bersih/ Net Rp

Special mention Doubtful Sub total

Sub total Total

Rupiah Current

3.343.418.956.059

1.345.145.765

3.342.073.810.294

362.553.397.758

1.335.385.706

361.218.012.052

3.705.972.353.817

2.680.531.471

3.703.291.822.346

2.673.064.227.166

1.353.182.459

2.671.711.044.707

Foreign currencies Current

509.483.302.633 76.635.372.820 53.398.819.205 29.584.130.166

2.375.310.561 39.054.458.852 45.920.043.239 29.584.130.166

507.107.992.072 37.580.913.968 7.478.775.966 -

Special mention Substandard Doubtful Loss

3.342.165.851.990

118.287.125.277

3.223.878.726.713

7.048.138.205.807

120.967.656.748

6.927.170.549.059

Rasio Non-performing loan (NPL) pada tanggal 31 Desember 2012 dan 2011 adalah sebagai berikut:

NPL Gross NPL Neto

Based on the criteria stated in Bank Indonesia Regulations, loans classified according to quality are as follows:

j.

Sub total

Sub total Total

The non-performing loan (NPL) ratio as of December 31, 2012 and 2011 are as follows:

2012

2011

1,76% 0,87%

2,26% 0,64%

- 45 -

Special mention

Gross NPL Net NPL



k.

k.

Pada tanggal 31 Desember 2012 dan 2011, rincian kredit bermasalah menurut sektor ekonomi adalah sebagai berikut: Kredit bermasalah/ Non-performing loans Rp

2012 Cadangan kerugian penurunan nilai/ Allowance for impairment losses Rp

As of December 31, 2012 and 2011, the details of non-performing loans based on economic sector are as follows:

Kredit bermasalah/ Non-performing loans Rp

2011 Cadangan kerugian penurunan nilai/ Allowance for impairment losses Rp

Rupiah Jasa usaha

35.631.194.197

18.508.369.750

-

-

Sub jumlah

35.631.194.197

18.508.369.750

-

-

109.315.546.235 -

54.766.269.847 -

137.650.667.174 21.967.655.017

103.343.535.247 11.215.097.010

109.315.546.235

54.766.269.847

159.618.322.191

114.558.632.257

144.946.740.432

73.274.639.597

159.618.322.191

114.558.632.257

Mata uang asing Industri Perdagangan grosir Sub jumlah Jumlah

l.


l.

Dalam Laporan Batas Maksimum Pemberian Kredit (BMPK) kepada Bank Indonesia pada tanggal 31 Desember 2012 dan 2011 tidak terdapat kredit yang tidak memenuhi ketentuan BMPK.

m. Mutasi cadangan kerugian penurunan nilai kredit untuk tahun yang berakhir 31 Desember 2012 dan 2011 adalah sebagai berikut:

Saldo akhir tahun

-

Sub total Foreign currencies Industry Wholesale trading Sub total Total

As of December 31, 2012 and 2011, there are no loans which exceeded the legal lending limit (BMPK) as stated in the legal lending limit report to Bank Indonesia.

m. The changes in the allowance for impairment losses on loans for the years ended December 31, 2012 and 2011 are as follows: 2012

Dinilai secara individual/Assessed individually Valuta asing/ Foreign Jumlah/ Rupiah currencies Total Rp Rp Rp Saldo awal tahun Penyisihan (pemulihan) tahun berjalan Akrual bunga pada kredit yang mengalami penurunan nilai Penghapusan Selisih kurs

Rupiah Business service

Dinilai secara kolektif/Assessed collectively Valuta asing/ Foreign Jumlah/ Rupiah currencies Total Rp Rp Rp

114.558.632.257

114.558.632.257

2.680.531.471

3.728.493.020

6.409.024.491

35.507.624.909

(33.231.603.559)

2.276.021.350

(558.378.173)

420.547.080

(137.831.093)

Balance at beginning of year Provision (reversal of provision) during the year

748.711.632 -

430.557.988 (28.272.381.605) 4.079.067.736

1.179.269.620 (28.272.381.605) 4.079.067.736

276.471.420

276.471.420

Accrued interest on impaired loans Write-off Exchange rate differences

36.256.336.541

57.564.272.817

93.820.609.358

4.425.511.520

6.547.664.818

Dinilai secara individual/Assessed individually Valuta asing/ Foreign Jumlah/ Rupiah currencies Total Rp Rp Rp

2011

2.122.153.298

Dinilai secara kolektif/Assessed collectively Valuta asing/ Foreign Jumlah/ Rupiah currencies Total Rp Rp Rp

Saldo awal tahun Penyisihan (pemulihan) tahun berjalan Penghapusan Selisih kurs

-

94.800.731.671

94.800.731.671

2.734.948.739

20.599.416.787

23.334.365.526

-

28.674.406.607 (12.123.720.000) 3.207.213.979

28.674.406.607 (12.123.720.000) 3.207.213.979

(54.417.268) -

(16.411.620.698) (459.303.069)

(16.466.037.966) (459.303.069)

Saldo akhir tahun

-

114.558.632.257

114.558.632.257

2.680.531.471

3.728.493.020

6.409.024.491

- 46 -

Balance at end of year


Balance at beginning of year Provision (reversal of provision) during the year Write-off Exchange rate differences Balance at end of year


129



Manajemen berpendapat bahwa cadangan kerugian penurunan nilai kredit tersebut di atas adalah cukup untuk menutup kerugian yang mungkin timbul akibat tidak tertagihnya kredit. n.

Management believes that the allowance impairment losses is adequate to cover possible losses from uncollectible loans.

n.

Mutasi kredit yang dihapus buku adalah sebagai berikut:

Rupiah Rp

The changes in loans written off are as follows:

2012 Mata uang asing/Foreign currencies Rp

Jumlah/ Total Rp

Saldo awal tahun Penghapusan Selisih kurs penjabaran

26.605.684.345 -

244.417.728.665 28.272.381.605 14.337.566.799

271.023.413.010 28.272.381.605 14.337.566.799

Balance at beginning of year Write-off Exchange rate differences

Saldo akhir tahun

26.605.684.345

287.027.677.069

313.633.361.414


2011 Mata uang asing/Foreign currencies Rp

Jumlah/ Total Rp

Rupiah Rp Saldo awal tahun Penghapusan Penerimaan kembali Selisih kurs penjabaran

26.605.684.345 -

242.836.862.995 12.123.720.000 (12.981.414.285) 2.438.559.955

269.442.547.340 12.123.720.000 (12.981.414.285) 2.438.559.955

Balance at beginning of year Write-off Recovery Exchange rate differences

Saldo akhir tahun

26.605.684.345

244.417.728.665

271.023.413.010


11. TAGIHAN DAN LIABILITAS AKSEPTASI

Tagihan Akseptasi Pihak ketiga Rupiah Debitur Mata uang asing Debitur Bank Sub jumlah Jumlah

11. ACCEPTANCES RECEIVABLE AND PAYABLE 2012 Rp

2011 Rp

4.254.241.750

2.175.489.957

163.405.961.933 28.525.292.475

233.510.384.335 25.165.895.157

191.931.254.408

258.676.279.492

196.185.496.158

260.851.769.449

Liabilitas Akseptasi Pihak ketiga Rupiah Bank Mata uang asing Bank Debitur

4.254.241.750

2.175.489.957

164.434.972.642 28.525.292.475

233.510.384.335 25.165.895.157

Sub jumlah

192.960.265.117

258.676.279.492

197.214.506.867

260.851.769.449

Jumlah


- 47 -

Acceptances Receivable Third parties Rupiah Debtors Foreign currencies Debtors Banks Sub total Total Acceptances Payable Third parties Rupiah Banks Foreign currencies Banks Debtors Sub total Total




Seluruh tagihan akseptasi pada tanggal 31 Desember 2012 dan 2011 tidak mengalami penurunan nilai.

Acceptances receivable are not impaired as of December 31, 2012 and 2011.

Manajemen berpendapat bahwa cadangan kerugian penurunan nilai atas tagihan akseptasi tersebut tidak perlu dibentuk karena tagihan tersebut dinilai akan dapat dicairkan pada saat jatuh tempo.

Management believes that no allowance for impairment losses is to be provided since acceptances receivable are assessed to be collectible upon maturity.

Tagihan akseptasi berdasarkan jangka waktu kontrak adalah sebagai berikut:

Acceptances receivable classified according to maturity dates based on contract are as follows:

2012 Rp

2011 Rp

Rupiah 1 bulan > 1 - 3 bulan

4.254.241.750

2.175.489.957 -

Sub Jumlah

4.254.241.750

2.175.489.957

Mata uang asing 1 bulan > 1 - 3 bulan > 3 - 6 bulan > 6 - 12 bulan

23.263.043.571 81.310.921.404 57.411.922.481 29.945.366.952

4.095.497.817 112.737.592.434 116.494.594.511 25.348.594.730

Sub Jumlah

191.931.254.408

258.676.279.492

196.185.496.158

260.851.769.449

Jumlah

Liabilitas akseptasi berdasarkan jangka waktu kontrak adalah sebagai berikut:

Sub total Foreign currencies 1 month > 1 - 3 months > 3 - 6 months > 6 - 12 months Sub total Total

Acceptance payable classified according to maturity dates based on contract are as follows:

2012 Rp

2011 Rp

Rupiah 1 bulan > 1 - 3 bulan

4.254.241.750

2.175.489.957 -

Sub Jumlah

4.254.241.750

2.175.489.957

Mata uang asing 1 bulan > 1 - 3 bulan > 3 - 6 bulan > 6 - 12 bulan

23.263.043.571 81.310.921.404 58.440.933.190 29.945.366.952

4.095.497.817 112.737.592.434 116.494.594.511 25.348.594.730

Sub Jumlah

192.960.265.117

258.676.279.492

197.214.506.867

260.851.769.449

Jumlah

Rupiah 1 month > 1 - 3 months

- 48 -


Rupiah 1 month > 1 - 3 months Sub total Foreign currencies 1 month > 1 - 3 months > 3 - 6 months > 6 - 12 months Sub total Total


131



12. FINANCE LEASE RECEIVABLES

12. PIUTANG SEWA PEMBIAYAAN 2012 Dinilai secara kolektif/ Assessed collectively Rp Pihak ketiga Rupiah Piutang sewa pembiayaan Nilai sisa terjamin Pendapatan sewa pembiayaan yang belum diakui Simpanan jaminan

2011 Dinilai secara kolektif/ Assessed collectively Rp Third parties Rupiah Finance lease receivables Guaranteed residual value

184.796.227.534 43.952.677.291

165.859.281.156 39.379.150.820

(30.817.928.590) (43.952.677.291)

(26.327.775.152) (39.379.150.820)

153.978.298.944

139.531.506.004

Subtotal

180.242.664.333 37.365.036.844

149.603.607.312 24.736.538.293

Foreign currency Finance lease receivables Guaranteed residual value

(11.320.332.690) (37.365.036.844)

(10.558.024.636) (24.736.538.293)

Unearned lease income Security deposits

168.922.331.643

139.045.582.676


322.900.630.587 (134.045.350)

278.577.088.680 (124.772.089)

Total Allowance for impairment losses

Piutang sewa pembiayaan - Bersih

322.766.585.237

278.452.316.591

Finance lease receivables - Net

Subjumlah Mata uang asing Piutang sewa pembiayaan Nilai sisa terjamin Pendapatan sewa pembiayaan yang belum diakui Simpanan jaminan Subjumlah

Tingkat bunga efektif rata-rata per tahun Rupiah Mata uang asing

12,62% 5,43%

13,10% 5,50%

Unearned lease income Security deposits

Subtotal

Average annual effective interest rates Rupiah Foreign currency

Tenor pembiayaan berkisar antara 2-5 tahun.

The period of financing ranging from 2-5 years.

Biaya-biaya yang timbul, seperti premi asuransi, bea materai dan biaya terkait lainnya sehubungan dengan perolehan aset sewa pembiayaan, dibebankan kepada konsumen.

Additional cost arises, for example: insurance premium, stamp duty and other related to leased assets, charged to consumers.

Kualitas piutang sewa pembiayaan pada tanggal 31 Desember 2012 dan 2011 adalah tidak mengalami penurunan nilai secara individual.

The quality of finance lease receivables as of December 31, 2012 and 2011 are not individually impaired.


- 49 -




Jumlah angsuran sewa pembiayaan berdasarkan jatuh temponya adalah sebagai berikut:

Total finance lease installments based on maturity date are as follow:

2012 Rp

2011 Rp

Sampai dengan satu tahun Lebih dari satu tahun sampai lima tahun

21.174.420.813 343.864.471.054

21.866.014.773 293.596.873.695

Within one year After one year up to five years

Jumlah

365.038.891.867

315.462.888.468

Total

Mutasi cadangan kerugian penurunan nilai untuk tahun yang berakhir 31 Desember 2012 dan 2011 adalah sebagai berikut:

The changes in the allowance for impairment losses for the year ended December 31, 2012 and 2011 are as follows:

2012 Rp

2011 Rp

Saldo awal tahun Penyisihan (pemulihan) tahun berjalan (Catatan 29) Kolektif Selisih kurs penjabaran

124.772.089

172.724.212

Saldo akhir tahun

134.045.350

5.487.926 3.785.335

(49.863.033) 1.910.910

Beginning balance Provision (reversal of provision) during the year (Note 29) Collective Exchange rate differences

124.772.089

Balance at end or year

Manajemen berpendapat bahwa cadangan kerugian penurunan nilai adalah cukup untuk menutup kerugian yang mungkin timbul akibat tidak tertagihnya piutang pembiayaan konsumen.

Management believes that the allowance for impairment losses is adequate to cover the losses, which might arise from uncollectible lease receivables.

Simpanan Jaminan

Security Deposits

Pada saat perjanjian sewa pembiayaan dimulai, lessee memberikan simpanan jaminan yang akan digunakan sebagai pembayaran atas pembelian dari aset sewa pembiayaan pada akhir masa sewa, bila hak opsi dilaksanakan penyewa pembiayaan. Apabila hak opsi tidak dilaksanakan, simpanan jaminan tersebut akan dikembalikan kepada lessee pada akhir masa sewa pembiayaan.

At the inception of net investment in finance lease‟s contract, the lessee rendered security deposits which will be used as payment of purchased leased assets at the end of the lease period, if the right option is exercised. If the option right is not exercised, such security deposits will be returned at the end of the lease period.

13. BIAYA DIBAYAR DIMUKA

13. PREPAID EXPENSES

2012 Rp

2011 Rp

Sewa Lainnya

3.618.220.632 3.646.161.669

3.057.895.238 2.969.155.404

Rent Others

Jumlah

7.264.382.301

6.027.050.642

Total

- 50 -



133



14. ASET TETAP

14. PREMISES AND EQUIPMENT 1 Januari/ January 1, 2012 Rp

Biaya perolehan: Tanah Bangunan dan renovasi gedung Kendaraan Mesin-mesin dan inventaris kantor Jumlah Akumulasi penyusutan: Bangunan dan renovasi gedung Kendaraan Mesin-mesin dan inventaris kantor

Penambahan/ Additions Rp

104.641.560.000

-

Pengurangan/ Deductions Rp

31 Desember/ December 31, 2012 Rp

103.905.000.000

736.560.000

33.718.916.219 1.882.700.000

12.300.000

32.806.000.000 12.150.000

912.916.219 1.882.850.000

41.747.678.502

6.660.743.541

12.238.284.550

36.170.137.493

181.990.854.721

6.673.043.541

148.961.434.550

39.702.463.712

11.587.885.944 1.281.711.595

1.706.118.615 187.910.866

12.712.325.000 12.150.000

581.679.559 1.457.472.461

37.430.613.247

4.177.374.114

12.238.284.550

29.369.702.811

Jumlah

50.300.210.786

6.071.403.595

24.962.759.550

31.408.854.831

Jumlah Tercatat

131.690.643.935 1 Januari/ January 1, 2011 Rp

Biaya perolehan: Tanah Bangunan dan renovasi gedung Kendaraan Mesin-mesin dan inventaris kantor Jumlah Akumulasi penyusutan: Bangunan dan renovasi gedung Kendaraan Mesin-mesin dan inventaris kantor

8.293.608.881

33.402.732.140 1.882.700.000

Pengurangan/ Deductions Rp

-

-

104.641.560.000

-

33.718.916.219 1.882.700.000

316.184.079 -

39.625.953.118

2.121.725.384

-

41.747.678.502

179.552.945.258

2.437.909.463

-

181.990.854.721

9.888.354.497 1.034.222.693

1.699.531.447 247.488.902

-

11.587.885.944 1.281.711.595

34.519.909.800

2.910.703.447

-

37.430.613.247

Jumlah

45.442.486.990

4.857.723.796

-

50.300.210.786

Jumlah Tercatat

134.110.458.268

131.690.643.935

Berdasarkan Keputusan Direksi No. 065/KEPDIR/XII/2012 tanggal 20 Desember 2012 tentang penjualan tanah dan bangunan kantor pusat, direksi Bank memutuskan untuk menjual aset tanah dan bangunan yang terletak di Jl. Jenderal Sudirman Kav. 40-41. Pada tanggal 21 Desember 2012 Bank melakukan perjanjian dengan PT Consulting Service Indonesia (CSI) berupa (Master) Heads of agreement on sale and leaseback or buyback for Gedung Bank Resona Perdania to be developed into a new office building approx 55.000 SQM semi gross area. Perjanjian ini telah di legalisasi oleh Hadijah, S.H., Mkn, notaris di Jakarta melalui legalisasi No. 564/Leg/2012 tanggal 21 Desember 2012. Berdasarkan keputusan direksi dan perjanjian dengan CSI, Bank mencatat aset tanah dan bangunan dengan nilai tercatat Rp 123.998.675.000 sebagai aset tidak lancar tersedia untuk dijual. Pada akhir tahun 2012 Bank telah menerima deposit dari pembeli sebesar Rp 148.425.200.000 dan dicatat dalam liabilitas lain-lain.


Total Accumulated depreciation: Building and building improvements Vehicles Machineries and office equipment Total Carrying Value


Penambahan/ Additions Rp

104.641.560.000

Cost: Land Building and building improvements Vehicles Machineries and office equipment

Cost: Land Building and building improvements Vehicles Machineries and office equipment Total Accumulated depreciation: Building and building improvements Vehicles Machineries and office equipment Total Carrying Value

Based on the Board of Directors No. 065/KEP/DIR-XII/2012 dated December 20, 2012 regarding to resolution sales of land and building of head office, the Board of Directors decided to sell land and building located at Jl. Jenderal Sudirman Kav. 40-41. On December 21, 2012 the Bank entered an agreement with PT Consulting Service Indonesia (CSI), the agreement is (Master) Heads of agreement on sale and leaseback or buyback for Resona Perdania Bank Building to be developed into a new office building approx 55,000 SQM semi gross area. This agreement has been legalized by Hadijah, S.H., Mkn, notary in Jakarta through legalization No. 564/Leg/2012 dated December 21, 2012. Based on the Board of Directors resolution and agreement with CSI, the Bank recorded land and building with carrying value of Rp 123,998,675,000 as non current assets held for sale. At the end of year 2012 the Bank received deposit from buyer amounting to Rp 148,425,200,000 and recorded under other liabilities.

- 51 -




Atas transaksi di atas Bank dan entitas anak masih dapat menempati bangunan tersebut sampai dengan 12 bulan setelah menerima pemberitahuan dari pembeli untuk mengosongkan properti, diperkirakan paling lambat pada tanggal 31 Januari 2014.

Based on the transactions above the Bank and its subsidiary can still occupy the building up to 12 months after receipt of notice to vacate the property from buyer, expected at the possible latest date on January 31, 2014.

Pengurangan aset tetap lainnya di tahun 2012 merupakan penjualan dengan nilai tercatat nihil. Seluruh hasil penjualan sebesar Rp 33.786.364 merupakan keuntungan penjualan aset tetap.

Other deduction of premises and equipment in 2012 are selling with nil carrying amount. The proceed from selling amounted to Rp 33,786,364 recognized as gain on sales of premises and equipment.

Bank memiliki beberapa bidang tanah dengan hak legal berupa Hak Guna Bangunan yang berjangka waktu 20 (dua puluh) tahun yang masa berlakunya sampai dengan 16 Agustus 2024 dan 1 Juli 2032. Manajemen berpendapat tidak terdapat masalah dengan perpanjangan hak atas tanah, karena seluruh tanah diperoleh secara sah dan didukung dengan bukti pemilikan yang memadai.

The Bank owns several pieces of land with Building Use Rights (HGB) for 20 (twenty) years expiring on August 16, 2024 and July 1, 2032. Management believes that there will be no difficulty in the extension of the landrights, since all the land were acquired legally and supported by sufficient evidence of ownership.

Manajemen berpendapat bahwa nilai tercatat aset tetap lebih rendah daripada nilai yang dapat dipulihkan, oleh karena itu tidak dibentuk penurunan nilai aset.

Management believes that the net carrying value of premises and equipment is lower than the recoverable amount, as such there was no impairment in value of premises and equipment.

Aset tetap kecuali tanah telah diasuransikan kepada PT Asuransi Mitsui Sumitomo terhadap risiko kebakaran, pencurian dan risiko lainnya dengan jumlah pertanggungan masing-masing sebesar Rp 5.000.862.944 dan USD 28.000.000, kepada PT Asuransi Nipponkoa Indonesia terhadap risiko kebakaran, pencurian dan risiko lainnya dengan jumlah pertanggungan sebesar Rp 1.346.025.809 dan kepada PT Sompo Japan Insurance Indonesia terhadap risiko pencurian dengan jumlah pertanggungan sebesar Rp 457.000.000 pada tanggal 31 Desember 2012.

Premises and equipment, except for land, are insured with PT Asuransi Mitsui Sumitomo against fire, theft and other risks for Rp 5,000,862,944 and USD 28,000,000, insured with PT Asuransi Nipponkoa Indonesia against fire, theft and other risk for Rp 1,346,025,809 and insured with PT Sompo Japan Insurance Indonesia against theft risk for Rp 457,000,000 as of December 31, 2012.

Aset tetap kecuali tanah telah diasuransikan kepada PT Asuransi Mitsui Sumitomo terhadap risiko kebakaran, pencurian dan risiko lainnya dengan jumlah pertanggungan masing-masing sebesar Rp 5.857.041.337 dan USD 28.000.000 dan kepada PT Asuransi Nipponkoa Indonesia terhadap risiko pencurian dengan jumlah pertanggungan sebesar Rp 862.000.000 pada tanggal 31 Desember 2011.

Premises and equipment, except for land, are insured with PT Asuransi Mitsui Sumitomo against fire, theft and other risks for Rp 5,857,041,337 and USD 28,000,000 and insured with PT Asuransi Nipponkoa Indonesia against theft risk for Rp 862,000,000 as of December 31, 2011.

Manajemen berpendapat bahwa nilai pertanggungan tersebut cukup untuk menutupi kemungkinan kerugian atas aset yang dipertanggungkan.

The management believes that the insurance coverage is adequate to cover possible asset losses on the assets insured.

- 52 -



135



15. ASET LAIN-LAIN

15. OTHER ASSETS 2012 Rp

Beban perangkat lunak ditangguhkan - bersih Pendapatan bunga yang masih harus diterima Bangunan dan renovasi gedung yang belum digunakan dalam kegiatan operasional - bersih Penyertaan keanggotaan dan jaminan Lain-lain - bersih Jumlah Aset Lain-lain

2011 Rp

5.552.302.826

9.755.829.871

Deferred software license cost - net

5.000.229.707

4.187.054.308

Accrued interest receivable

629.480.093

529.475.751

1.681.441.355 1.437.733.610

1.645.742.212 250.819.202

14.301.187.591

16.368.921.344

Premises not used in operation net Membership and deposits Others - net Total Other Assets

16. LIABILITIES PAYABLE IMMEDIATELY

16. LIABILITAS SEGERA 2012 Rp

2011 Rp

Kiriman uang Lainnya

2.344.584.123 73.636.244.747

1.040.665.701 400.446.185

Fund transfers Others

Jumlah

75.980.828.870

1.441.111.886

Total

17. SIMPANAN

17. DEPOSITS

Simpanan terdiri dari:

Deposits consist of: Pihak berelasi/ Related parties Rp

2012 Pihak ketiga/ Third parties Rp

Jumlah/Total Rp

Giro Tabungan Deposito berjangka

96.546.035 -

2.836.906.045.539 1.275.991.003 2.595.137.648.232

2.836.906.045.539 1.372.537.038 2.595.137.648.232

Demand deposits Savings deposits Time deposits

Jumlah

96.546.035

5.433.319.684.774

5.433.416.230.809

Total

Pihak berelasi/ Related parties Rp

2011 Pihak ketiga/ Third parties Rp

Jumlah/Total Rp

Giro Tabungan Deposito berjangka

379.443.452 -

2.105.642.425.649 1.086.837.061 2.820.801.318.861

2.105.642.425.649 1.466.280.513 2.820.801.318.861

Demand deposits Savings deposits Time deposits

Jumlah

379.443.452

4.927.530.581.571

4.927.910.025.023

Total


- 53 -



a.


Giro terdiri dari:

a. 2012 Rp

2011 Rp

Pihak ketiga Rupiah Mata uang asing

928.099.235.490 1.908.806.810.049

773.023.794.809 1.332.618.630.840

Third parties Rupiah Foreign currencies

Jumlah Giro

2.836.906.045.539

2.105.642.425.649

Total Demand Deposits

0,782% 0,043%

Average annual effective interest rates Rupiah Foreign currency

Tingkat bunga efektif rata-rata per tahun Rupiah Mata uang asing

0,683% 0,046%

Pada tanggal 31 Desember 2012 dan 2011 tidak terdapat giro yang dijadikan jaminan kredit. b.

As of December 31, 2012 and 2011 there is no demand deposit pledged as loan collateral.

Tabungan terdiri dari:

b. 2012 Rp

Rupiah Pihak berelasi Pihak ketiga Jumlah Tabungan Tingkat bunga efektif rata-rata per tahun

c.

Demand deposits consist of:

Savings deposits consist of: 2011 Rp

96.546.035 1.275.991.003 1.372.537.038

379.443.452 1.086.837.061 1.466.280.513

4,87%

Deposito berjangka terdiri dari:

5,58%

c. 2012 Rp

Rupiah Related parties Third parties Total Savings Deposits Average annual effective interest rates

Time deposits consist of: 2011 Rp

Pihak ketiga Rupiah Mata uang asing

1.746.981.154.105 848.156.494.127

1.885.638.433.549 935.162.885.312

Third parties Rupiah Foreign currencies

Jumlah

2.595.137.648.232

2.820.801.318.861

Total

Tingkat bunga efektif rata-rata per tahun Deposito berjangka Rupiah Mata uang asing

5,38% 0,34%

6,15% 0,22%

Average annual effective interest rates Time deposit Rupiah Foreign currency

Deposito on call Rupiah Mata uang asing

5,38% 0,22%

5,70% 0,12%

Deposit on call Rupiah Foreign currency

- 54 -



137



Deposito berjangka berdasarkan jangka waktu adalah sebagai berikut:

Time deposits classified according to term are as follows: 2012 Mata uang asing/ Foreign currencies Rp

Rupiah Rp

Jumlah/Total Rp

1 bulan > 1 - 3 bulan > 3 - 6 bulan > 6 - 12 bulan

1.448.606.631.800 203.044.673.430 89.719.650.746 5.610.198.129

699.108.978.640 138.828.015.870 8.578.104.170 1.641.395.447

2.147.715.610.440 341.872.689.300 98.297.754.916 7.251.593.576

1 month > 1 - 3 months > 3 - 6 months > 6 - 12 months

Jumlah

1.746.981.154.105

848.156.494.127

2.595.137.648.232

Total


Rupiah Rp

Jumlah/Total Rp

1 bulan > 1 - 3 bulan > 3 - 6 bulan > 6 - 12 bulan

220.534.341.148 1.491.471.561.121 123.585.356.331 50.047.174.949

31.259.271.632 782.080.692.050 113.169.431.386 8.653.490.244

251.793.612.780 2.273.552.253.171 236.754.787.717 58.700.665.193

1 month > 1 - 3 months > 3 - 6 months > 6 - 12 months

Jumlah

1.885.638.433.549

935.162.885.312

2.820.801.318.861

Total

Deposito berjangka yang dijadikan jaminan kredit sebesar Rp 46.036.650.600, USD 3.576.888 dan JPY 10.000.000 pada tanggal 31 Desember 2012 dan Rp 72.352.572.806, USD 8.957.596 dan JPY 31.120.424 pada tanggal 31 Desember 2011.

Time deposits used as collateral for loans granted amounted to Rp 46,036,650,600, USD 3,576,888 and JPY 10,000,000 as of December 31, 2012 and Rp 72,352,572,806, USD 8,957,596 and JPY 31,120,424 as of December 31, 2011.

18. SIMPANAN DARI BANK LAIN

18. DEPOSITS FROM OTHER BANKS

Simpanan dari bank lain terdiri dari:

Pihak berelasi Rupiah Giro

Deposits from other banks consist of: 2012 Rp

2011 Rp

Related parties Rupiah Demand deposits

520.018.785

802.880.675

Mata uang asing Call money

96.380.000.000

226.700.000.000

Foreign currencies Call money

Sub Jumlah

96.900.018.785

227.502.880.675

Sub total

Pihak ketiga Rupiah Call money

751.000.000.000

Jumlah

847.900.018.785

Jangka waktu Call money Rupiah Mata uang asing Tingkat bunga efektif rata-rata per tahun Rupiah Mata uang asing


227.502.880.675

39 hari/days 7 hari/days

4 hari/days

5,25% 0,60%

0,33%

- 55 -

Third parties Rupiah Call money Total Term Call money Rupiah Foreign currencies Average annual effective interest rates Rupiah Foreign currencies




19. SURAT BERHARGA YANG DITERBITKAN

19. SECURITIES ISSUED

2012 Rp Hasil emisi Medium Term Note III (MTN III) Medium Term Note IV (MTN IV)

2011 Rp

300.000.000.000 300.000.000.000

300.000.000.000 -

Jumlah Biaya emisi yang belum diamortisasi

600.000.000.000

300.000.000.000

Bersih

597.388.162.729

(2.611.837.271)

Proceeds Medium Term Note III (MTN III) Medium Term Note IV (MTN IV)

Total Unamortized issuance (2.830.066.238) cost

297.169.933.762

Net

Pada tanggal 8 Desember 2010, Bank telah menerbitkan dan menawarkan secara terbatas surat berharga dalam bentuk MTN III sebesar Rp 300 miliar dengan jangka waktu 3 tahun yang akan jatuh tempo pada tanggal 9 Desember 2013. Tingkat suku bunga tetap 10,5% per tahun yang akan dibayarkan setiap 6 bulan.

On December 8, 2010, the Bank issued MTN III amounting to Rp 300 billion with a term of 3 years maturing on December 9, 2013. MTN III bears a fixed interest rate of 10.50% per annum, payable semi-annually.

Pada tanggal 25 Juli 2012, Bank telah menerbitkan dan menawarkan secara terbatas surat berharga dalam bentuk MTN IV sebesar Rp 300 miliar dengan jangka waktu 3 tahun yang akan jatuh tempo pada tanggal 25 Juli 2015. Tingkat suku bunga tetap sebesar 8,75% per tahun yang akan dibayarkan setiap 6 bulan.

On July 25, 2012, the Bank issued MTN IV amounting to Rp 300 billion with a term of 3 years maturing on July 25, 2015. MTN IV bears a fixed interest rate of 8.75% per annum, payable semiannually.

Penerbitan MTN III dan IV tersebut telah didaftarkan di PT. Kustodian Sentral Efek Indonesia (KSEI) yang bertindak juga sebagai agen pembayaran bunga dan pokok.

MTN III and IV are registered with PT. Kustodian Sentral Efek Indonesia (KSEI) which also acts as the payment agency for interest and principal payments.

Berdasarkan perjanjian dengan agen pembayaran, Bank wajib menyediakan dana pada rekening yang disetujui oleh agen pembayaran selambat-lambatnya satu (1) hari bursa sebelum tanggal pembayaran bunga dan atau pelunasan pokok.

Based on the agreement with the payment agency, the Bank is obliged to maintain funds in a bank account previously approved by the payment agent not later than one (1) trading day prior to the interest or principal payment date.

Bank telah memenuhi semua pembatasan yang diwajibkan serta pembayaran bunga dan nominal MTN melalui KSEI sesuai jadwal.

The Bank has complied with all covenants, paid the interest and principal of the MTN through KSEI as scheduled.

Amortisasi biaya penerbitan surat berharga sebesar Rp 1.547.728.966 dan Rp 1.386.587.095 masing-masing pada tanggal 31 Desember 2012 dan 2011, termasuk dalam beban bunga.

The amortization of issuance cost amounted to Rp 1,547,728,966 and Rp 1,386,587,095 as of December 31, 2012 and 2011, respectively, were included in interest expense.

- 56 -



139



20. UTANG PAJAK

20. TAXES PAYABLE

Akun ini terdiri dari:

This account consists of:

2012 Rp Bank Pajak penghasilan badan (Catatan 32) Pajak penghasilan Pasal 4 (2) - final Pasal 21 Pasal 22 Pasal 26 Pajak pertambahan nilai - bersih Pasal 23 Sub Jumlah Entitas anak Pajak penghasilan badan (Catatan 32) Pajak penghasilan Pasal 21 Pasal 23

2011 Rp

15.602.034.750

10.994.231.011

1.599.224.965 900.921.886 380.920.000 122.829.868 325.000 -

3.357.245.246 1.781.090.259 325.000 3.215.877

18.606.256.469

16.136.107.393

Jumlah

23.967.166 4.587.994 29.697.043

736.402.786

18.635.953.512

21. PINJAMAN YANG DITERIMA

Sub jumlah


Sub total

16.872.510.179 Total

21. BORROWINGS 2012 Rp

Pihak berelasi Bank Dolar Amerika Serikat Resona Bank, Ltd, Tokyo (US$ 90.000.000 tahun 2012 dan US$ 120.000.000 tahun 2011) Bank of East Asia, Hongkong (US$ 30.000.000 tahun 2012 dan 2011) Entitas anak Dolar Amerika Serikat Resona Bank, Ltd, Tokyo (US$ 16.200.000 tahun 2012 dan US$ 13.800.000 tahun 2011) Yen Jepang Resona Bank, Ltd, Tokyo (JPY 210.000.000 tahun 2012 dan JPY 180.000.000 tahun 2011)

Sub total

Subsidiary Corporate income tax 679.769.071 (Note 32) Income taxes 55.144.106 Article 21 1.489.609 Article 23

1.141.883

Sub Jumlah

The Bank Corporate income tax (Note 32) Income taxes Article 4 (2) - final Article 21 Article 22 Article 26 Value added tax - net Article 23

2011 Rp

867.420.000.000

289.140.000.000

156.135.600.000

23.471.700.000 1.336.167.300.000

- 57 -

Related parties The Bank U.S. Dollar Resona Bank, Ltd. Tokyo (US$ 90,000,000 in 2012 and 1.088.160.000.000 US$ 120,000,000 in 2011) Bank of East Asia, Hongkong (US$ 30,000,000 in 2012 272.040.000.000 and 2011) Subsidiary U.S. Dollar Resona Bank, Ltd. Tokyo (US$ 16,200,000 in 2012 and 125.138.400.000 US$ 13,800,000 in 2011) Japanese Yen Resona Bank, Ltd. Tokyo (JPY 210,000,000 in 2012 and 21.027.600.000 JPY 180,000,000 in 2011) 1.506.366.000.000

Sub total




2012 Rp Pihak ketiga Bank Rupiah CIMB Niaga Bank, Jakarta OCBC - NISP Bank, Jakarta Citibank NA, Jakarta Dolar Amerika Serikat Sumitomo Mitsui Trust Bank, Ltd, Singapura (US$ 60.000.000 tahun 2012 dan 2011) The Japan Bank for International Cooperation (US$ 13.675.000 tahun 2012 dan US$ 17.255.000 tahun 2011) Yen Jepang The Japan Bank for International Cooperation (JPY 94.025.000 dan tahun 2012 dan JPY 189.645.000 tahun 2011) Entitas anak Dolar Amerika Serikat Sumitomo Mitsui Trust Bank, Ltd, Singapura (US$ 5.000.000 tahun 2012) Sub jumlah Jumlah

a.

2011 Rp Third parties The Bank Rupiah 300.000.000.000 CIMB Niaga Bank, Jakarta 200.000.000.000 OCBC - NISP Bank, Jakarta 100.000.000.000 Citibank NA, Jakarta U.S. Dollar Sumitomo Mitsui Trust Bank, Ltd, Singapore (US$ 60,000,000 in 2012 544.080.000.000 and 2011) The Japan Bank for International Cooperation (US$ 13,675,000 156.468.340.000 in 2012 and US$ 17,255,000 in 2011) Japanese Yen The Japan Bank for International Cooperation (JPY 94,025,000 in 2012 and JPY 189,645,000 22.154.328.900 in 2011) Subsidiary U.S. Dollar Sumitomo Mitsui Trust Bank, Ltd, Singapore (US$ 5,000,000 in 2012)

300.000.000.000 250.000.000.000 -

578.280.000.000

131.799.650.000

10.509.174.250

48.190.000.000 1.318.778.824.250

1.322.702.668.900

2.654.946.124.250

2.829.068.668.900 Total

Resona Bank, Ltd., Tokyo

a.

Sub total

Resona Bank, Ltd., Tokyo

Bank

The Bank

Sampai dengan tanggal 31 Desember 2012, Bank memperoleh lima fasilitas pinjaman revolving dan multicurrency revolving tanpa jaminan dari Resona Bank, Ltd., Tokyo untuk pembiayaan modal kerja yang diperlukan oleh Bank.

As at December 31, 2012, there are five unsecured revolving and multicurrency revolving credit facilities obtained from Resona Bank, Ltd., Tokyo for the purpose of financing the general working capital requirements of the Bank.



Pada tanggal 28 April 1992, Bank memperoleh fasilitas pinjaman jumlah maksimum pinjaman sebesar USD 220.000.000 dari Resona Bank, Ltd., cabang Singapura. Penarikan fasilitas kredit ini dapat dilakukan dalam tiga jenis mata uang termasuk di dalamnya Dolar Amerika Serikat.



Sejak akhir September 1999, Resona Bank, Ltd., cabang Singapura berubah fungsi menjadi kantor representatif sehingga fasilitas dialihkan kepada Resona Bank Ltd., Tokyo. Berdasarkan perjanjian tambahan terakhir pada tanggal 31 Maret 2009, fasilitas pinjaman diperpanjang sampai tanggal 31 Maret 2014 dengan jumlah maksimum sebesar USD 45.000.000 dengan tingkat bunga per tahun sebesar cost of fund + 0,60%. Jangka waktu fasilitas pinjaman ini adalah 60 bulan dan dapat diperpanjang pada saat jatuh tempo tergantung kesepakatan bersama. Saldo per 31 Desember 2012 dan 2011 masing-masing adalah nihil.

On April 28, 1992, the Bank was granted credit facility from Resona Bank, Ltd., Singapore branch with a maximum credit limit of USD 220,000,000. The drawdown could be made in three currencies including United States Dollars.

Since the end of September 1999, Resona Bank, Ltd., Singapore Branch has changed its function to a representative office, therefore, the credit facility was transferred to Resona Bank, Ltd., Tokyo. Based on the latest addendum of the agreement dated March 31, 2009, this credit facility was extended to March 31, 2014 with maximum credit of USD 45,000,000 subject to interest rate computed as cost of fund + 0.60% per annum. The credit facility has a term of 60 months and can be extended upon maturity subject to approval. Outstanding loans as of December 31, 2012 and 2011, are nil, respectively.

- 58 -



141





Pada tanggal 30 April 2006, Bank memperoleh fasilitas pinjaman dari Resona Bank, Ltd., Tokyo dan telah mengalami perubahan pada tanggal 30 Nopember 2007. Perubahan fasilitas pinjaman adalah jumlah maksimum pinjaman menjadi sebesar USD 80.000.000, jangka waktu 60 bulan dan bunga per tahun sebesar SIBOR + 0,60%. Pada tanggal 28 April 2011, Bank dan Resona Bank Ltd., Tokyo setuju untuk memperpanjang jatuh tempo pinjaman sampai dengan tanggal 30 April 2016 dengan jumlah maksimum sebesar USD 80.000.000 dengan tingkat bunga sebesar cost of fund + 0,60% pertahun. Saldo per 31 Desember 2012 dan 2011 masing-masing sebesar USD 30.000.000 dan USD 55.000.000.



On April 30, 2006, the Bank was granted credit facility from Resona Bank Ltd., Tokyo which was amended on November 30, 2007. The amended credit facility has a maximum credit of USD 80,000,000 with a term of 60 months and subject to interest rate computed as SIBOR + 0.60% per annum. On April 28, 2011, the Bank and Resona Bank Ltd., Tokyo agreed to extend this facility to April 30, 2016 with maximum amount of USD 80,000,000 subject to interest rate computed as cost of fund + 0.60% per annum. Loan balance as of December 31, 2012 and 2011 amounted to USD 30,000,000 and USD 55,000,000, respectively.



Pada tanggal 31 Juli 2008, Bank memperoleh fasilitas pinjaman dengan nilai maksimum sebesar USD 20.000.000. Fasilitas pinjaman ini mempunyai jangka waktu 60 bulan, dengan tingkat bunga sebesar cost of fund + 0,60% per tahun. Sampai dengan tanggal 31 Desember 2012, fasilitas pinjaman ini belum dipergunakan.



On July 31, 2008, the Bank was granted credit facility for maximum amount of USD 20,000,000. The credit facility, which has a term of 60 months, bears an interest rate determined as cost of fund + 0.60% per annum. Up to December 31, 2012, this facility has not been utilized.



Pada tanggal 26 April 2011, Bank memperoleh fasilitas pinjaman dengan nilai maksimum sebesar USD 75.000.000. Fasilitas pinjaman ini mempunyai jangka waktu 13 bulan, dengan tingkat bunga sebesar cost of fund + 0,60% per tahun. Pada tanggal 5 Juni 2012, Bank dan Resona Bank Ltd., Tokyo setuju untuk memperpanjang jatuh tempo pinjaman sampai dengan tanggal 25 Juni 2013. Saldo per 31 Desember 2012 dan 2011 masing-masing sebesar USD 60.000.000 dan USD 65.000.000.



On April 26, 2011, the Bank was granted credit facility for maximum amount of USD 75,000,000. The credit facility, which has a term of 13 months, bears an interest rate determined as cost of fund + 0.60% per annum. On June 5, 2012, the Bank and Resona Bank Ltd., Tokyo agreed to extended this facility to June 25, 2013. Loan balance as of December 31, 2012 and 2011 amounted to USD 60,000,000 and USD 65,000,000, respectively.



Pada tanggal 14 Agustus 2012, Bank memperoleh fasilitas pinjaman dengan nilai maksimum sebesar USD 60.000.000. Fasilitas ini mempunyai jangka waktu 60 bulan, dengan tingkat bunga sebesar cost of fund + 0,60% per tahun. Sampai dengan tanggal 31 Desember 2012, fasilitas pinjaman ini belum dipergunakan.



On August 14, 2012, the Bank was granted credit facility for maximum amount of USD 60,000,000. The credit facility, which has a term of 60 monhts, bears an interest rate determined as cost of fund + 0.60% per annum. Up to December 31, 2012, this facility has not been utilized.

Seluruh saldo pinjaman dan bunga yang masih harus dibayar dari fasilitas pinjaman Resona Bank, Ltd., Tokyo akan dibayar pada saat jatuh tempo dalam mata uang yang sama dengan mata uang pinjaman.


All outstanding loans drawn and interest accrued from the credit facilities obtained from Resona Bank Ltd., Tokyo shall be paid at maturity in the same currency in which the loan was denominated.

- 59 -



b.


Entitas anak

The subsidiary

Pada tanggal 12 Juli 2006, entitas anak dan Resona Bank Ltd, Jepang, melakukan perubahan perjanjian kredit untuk mengubah tiga fasilitas yang bersaldo (US$ 3.300.000, US$ 3.000.000 dan US$ 5.000.000) menjadi fasilitas kredit non committed and unsecured revolving dengan plafond US$ 11.300.000 yang tujuannya untuk modal kerja entitas anak di luar Jepang.

On July 12, 2006, the subsidiary and Resona Bank Ltd, Japan, entered into amendment of loan agreement to convert three outstanding facilities (US$ 3,300,000, US$ 3,000,000 and US$ 5,000,000) into a non-committed and unsecured revolving credit facility of up to US$ 11,300,000 which is to be used for general working capital of the subsidiary outside Japan.

Tingkat suku bunga yang dikenakan adalah Resona Bank Ltd‟s interbank rate + 0,8% pertahun dan jatuh tempo pada 31 Agustus 2008. Pada tanggal 31 Agustus 2008, entitas anak dan Resona Bank Ltd setuju untuk memperpanjang jatuh tempo pinjaman dan setelah itu telah diperpanjang beberapa kali, yang terakhir diperpanjang hingga 31 Maret 2014.

The interest rate is the Resona Bank Ltd‟s interbank rate + 0.8% per annum with a maturity date of August 31, 2008. On August 31, 2008, the subsidiary and Resona Bank Ltd agreed to extend this facility and subsequently has been extended several times, the latest extension is up to March 31, 2014.

Pada tanggal 30 Juni 2010, entitas anak dan Resona Bank Ltd setuju untuk meningkatkan plafond fasilitas kredit menjadi US$ 21.300.000.

On June 30, 2010, the subsidiary and Resona Bank Ltd agreed on the increase of such credit facility to US$ 21,300,000.

Pada tanggal 30 Maret 2012, entitas anak dan Resona Bank Ltd setuju untuk meningkatkan plafond fasilitas kredit menjadi US$ 28.300.000.

On March 30, 2012, the subsidiary and Resona Bank Ltd agreed on the increase of such credit facility to US$ 28,300,000.

Saldo pinjaman sebesar USD 16.200.000 dan JPY 210.000.000 per 31 Desember 2012 dan USD 13.800.000 dan JPY 180.000.000 per 31 Desember 2011.

The outstanding loan balance amounted to USD 16,200,000 and JPY 210,000,000 as of December 31, 2012 and USD 13,800,000 and JPY 180,000,000 as of December 31, 2011.

Bank of East Asia, Hongkong

b.

Bank of East Asia, Hongkong

Pada tanggal 17 Januari 2011, Bank memperoleh fasilitas pinjaman sebesar USD 30.000.000 yang digunakan untuk modal kerja. Jangka waktu fasilitas ini terhitung 13 bulan dari saat penarikan. Fasilitas pinjaman ini dikenakan tingkat suku bunga LIBOR + 1,25%. Fasilitas pinjaman ini telah digunakan secara penuh pada tanggal 31 Desember 2011.

On January 17, 2011, the Bank was granted a USD 30,000,000 loan facility for working capital purposes. The time period for this facility is 13 months from the drawdown date. The credit facility bears interest rate of LIBOR + 1.25% per annum. This credit facility has been fully drawn as of December 31, 2011.

Pada tanggal 17 Pebruari 2012, Bank dan Bank of East Asia, Hongkong setuju untuk memperbaharui fasilitas pinjaman sebesar USD 30.000.000 yang digunakan untuk modal kerja. Jangka waktu fasilitas ini adalah 13 bulan terhitung mulai tanggal 27 Pebruari 2012. Fasilitas pinjaman ini dikenakan tingkat suku bunga LIBOR+1,75%. Fasilitas pinjaman ini telah digunakan secara penuh pada tanggal 31 Desember 2012.

On February 17, 2012, the Bank and Bank of East Asia, Hongkong agreed to renew the loan facility into USD 30,000,000 for working capital purposes. The time period for this facility is 13 months from February 27, 2012. The credit facility bears interest rate of LIBOR+1.75% per annum. This credit facility has been fully drawn as of December 31, 2012.

- 60 -



143


c.


Sumitomo Mitsui Trust Bank, Limited, Singapura

c.

Sumitomo Mitsui Trust Bank, Limited, Singapore

Bank

The Bank

Bank memperoleh tiga fasilitas pinjaman dari Sumitomo Mitsui Trust Bank Limited, sebagai berikut:

The Bank obtained three outstanding loan facilities from Sumitomo Mitsui Trust Bank Limited as follows:



Pada tanggal 20 September 2007, Bank memperoleh fasilitas pinjaman sebesar USD 20.000.000 untuk jangka waktu 6 tahun. Fasilitas ini telah mengalami perubahan pada tanggal 25 Agustus 2010 dan berlaku sampai 31 Agustus 2013. Fasilitas ini mempunyai tingkat bunga mengambang cost of funds +1,50% per tahun. Fasilitas pinjaman ini telah digunakan secara penuh pada tanggal 31 Desember 2012 dan 2011.



On September 20, 2007, the Bank was granted a USD 20,000,000 loan facility for a term of 6 years.This facility was amended on August 25, 2010 and expires on August 31, 2013. The facility bears floating interest rate at cost of funds + 1.50% per annum. This credit facility is fully drawn as of December 31, 2012 and 2011.



Pada tanggal 1 September 2008, Bank memperolah fasilitas pinjaman sebesar USD 20.000.000 untuk jangka waktu 6 tahun. Fasilitas pinjaman ini dikenakan tingkat bunga cost of fund + 1,50% per tahun. Pokok pinjaman akan dibayarkan pada saat jatuh tempo, sementara bunga akan dibayarkan setiap setengah tahun. Fasilitas pinjaman ini telah digunakan secara penuh pada tanggal 31 Desember 2012 dan 2011.



On September 1, 2008, the Bank acquired another USD 20,000,000 loan facility for a term of 6 years. The credit facility bears interest at cost of fund + 1.50% per annum. The loan principal is payable on maturity while interest is payable semi-annually. This credit facility is fully drawn as of December 31, 2012 and 2011.



Pada tanggal 30 September 2011, Bank memperoleh fasilitas sebesar USD 20.000.000 untuk jangka waktu 3 tahun. Fasilitas ini telah mengalami perubahan pada tanggal 28 September 2012 dan berlaku sampai 30 September 2013. Fasilitas pinjaman ini dikenakan tingkat suku bunga cost of fund + 1,65%. Pokok pinjaman akan dibayarkan pada saat jatuh tempo, sementara bunga akan dibayarkan setiap setengah tahun. Fasilitas pinjaman ini telah digunakan penuh pada tanggal 31 Desember 2012 dan 2011.



On September 30, 2011, the Bank obtained another USD 20,000,000 loan facility for a term of 3 years. This facility was amended on September 28, 2012 and expires on September 30, 2013. The credit facility bears interest at cost of fund + 1.65% per annum. The loan principal is payable on maturity while interest is payable semi-annually. This credit facility is fully drawn as of December 31, 2012 and 2011.

Entitas Anak

The Subsidiary

Pada tanggal 23 Juli 2010, entitas anak melakukan perjanjian kredit dengan Sumitomo Mitsui Trust Bank Ltd dengan plafond USD 3.000.000, yang digunakan untuk modal kerja. Tingkat suku bunga per tahun adalah margin of 2,25% interbank market. Perjanjian ini jatuh tempo pada 31 Oktober 2011. Pada tanggal 29 Juli 2011, fasilitas ini diperpanjang sampai dengan 31 Oktober 2012.

On July 23, 2010, the subsidiary entered into loan agreement with Sumitomo Mitsui Trust Bank Ltd for a credit facility of up to USD 3,000,000, to be used for general working capital. The interest rate per annum is margin of 2.25% interbank market. This agreement is valid until October 31, 2011. On July 29, 2011, this facility was extended to October 31, 2012.

Pada tanggal 31 Juli 2012, entitas anak dan Sumitomo Mitsui Trust Bank Ltd, Singapura setuju untuk meningkatkan plafond fasilitas kredit menjadi USD 5.000.000. Tingkat suku bunga per tahun adalah cost of fund + 1,50%. Perjanjian ini berlaku sampai dengan 31 Oktober 2013.

On July 31, 2012, subsidiary and Sumitomo Mitsui Trust Bank Ltd, Singapore agreed on the increase such credit facility to USD 5,000,000. The interest rate per annum is cost of fund + 1.50%. This agreement is valid until October 31, 2013.


- 61 -




Saldo pinjaman sebesar USD 5.000.000 per 31 Desember 2012 dan nihil per 31 Desember 2011. d.

The Japan Bank Cooperation (JBIC)

for

The outstanding loan balance amounted to USD 5,000,000 as of December 31, 2012 and nil as of December 31, 2011. d.

International

The Japan Bank Cooperation (JBIC)

for

International

Pada tanggal 31 Desember 2012, terdapat fasilitas pinjaman two-step yang diperoleh dari JBIC dengan rincian sebagai berikut:

As of December 31, 2012, the outstanding two-step loan facilities acquired from JBIC are as follows:

1. Fasilitas pinjaman dengan tujuan pembiayaan, dengan penyaluran kredit kepada perusahaan Jepang.

1. Loan facilities for the purpose of financing, by way of lending to Japanese corporations:





Pada tanggal 28 Maret 2007, Bank memperoleh fasilitas sebesar JPY 500.000.000 dengan tingkat bunga yang ditentukan sebagai berikut:



On March 28, 2007, the Bank obtained a JPY 500,000,000 facility which bears an interest rate determined as follows:

 Untuk perusahaan Jepang yang berskala kecil dan menengah dan perusahaan berskala besar yang ditentukan oleh JBIC sebagai perusahaan yang memberikan kontribusi bagi pengembangan lingkungan, tingkat suku bunga adalah base rate atau floor rate, mana yang lebih tinggi.

 For small and medium sized Japanese corporations and nonsmall and medium sized Japanese corporations determined by JBIC in its sole discretion as contributing to environmental improvement, the interest rate is at base rate or floor rate whichever is higher.

 Untuk perusahan Jepang berskala besar tingkat suku bunga sebesar base rate + 0,15% per tahun atau floor rate, mana yang lebih tinggi.

 For other non-small and medium sized Japanese corporations base rate + 0.15% per annum or floor rate, whichever is higher;

Tanggal akhir pembayaran kembali adalah 3 April 2013.

The final repayment date is on April 3, 2013.

Saldo pinjaman per 31 Desember 2012 dan 2011 masing-masing sebesar JPY 16.625.000 dan JPY 58.005.000.

The loan balance outstanding as of December 31, 2012 and 2011 amounted to JPY 16,625,000 and JPY 58,005,000, respectively.

Pada tanggal 28 Maret 2007, Bank memperoleh fasilitas pinjaman sebesar USD 20.000.000 dari JBIC dengan penentuan tingkat bunga sebagai berikut:



On March 28, 2007, the Bank obtained a credit facility amounting to USD 20,000,000 from JBIC which is subject to the following interest rates:

 Untuk perusahaan Jepang berskala kecil dan menengah dengan tingkat bunga LIBOR – 0,3125% per tahun;

 For small and medium sized Japanese corporations with interest rate at LIBOR - 0.3125%, per annum;

 Untuk perusahaan Jepang berskala besar telah ditentukan oleh JBIC sebagai perusahaan yang memberikan kontribusi bagi pengembangan lingkungan berlaku bunga LIBOR; dan

 For non-small and medium sized Japanese corporations determined by JBIC in its sole discretion as entities that have contribution to environment improvement will bear interest at LIBOR rate; and

 Untuk perusahan Jepang berskala besar berlaku tingkat bunga LIBOR + 0,125% per tahun

 For non-small and medium sized Japanese corporations - LIBOR + 0.125% per annum.

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145



Tanggal akhir pembayaran kembali adalah 3 Juli 2013.

The final repayment date is on July 3, 2013.

Saldo per tanggal 31 Desember 2012 dan 2011 masing-masing sebesar USD 1.153.500 dan USD 3.631.500.

Loan balance outstanding as of December 31, 2012 and 2011 amounted to USD 1,153,500 and USD 3,631,500, respectively.

2. Fasilitas pinjaman dengan tujuan pembiayaan, dengan cara sub-pinjaman, kebutuhan dana jangka panjang untuk investasi, dan/atau modal jangka panjang dari sub-peminjam:

2. Loan facilities for the sole purpose of financing, by way of sub-loan, long-term fund requirements for investments and/or long-term capital of sub-borrowers:






Pada tanggal 30 Maret 2009, Bank memperoleh fasilitas sebesar JPY 250.000.000 dengan tingkat suku bunga ditentukan sebagai berikut:



On March 30, 2009, the Bank obtained a JPY 250,000,000 facility which bears an interest rate determined as follows:

 Untuk sub-peminjam dimana pemegang saham utamanya adalah perusahaan kecil dan menengah - base rate atau floor rate, yang mana yang lebih tinggi.

 For sub-borrowers whose principal equityholder is small and medium sized corporations - base rate or floor rate, whichever is higher.

 Untuk sub-peminjam dimana pemegang saham utamanya adalah bukan perusahaan kecil dan menengah - base rate + 0,04% per tahun atau floor rate + 0,25% per tahun, yang mana yang lebih tinggi.

 For sub-borrowers whose principal equityholder is non-small and medium sized corporations - base rate + 0.04% per annum or floor rate + 0.25% per annum, whichever is higher.

Tanggal akhir pembayaran kembali adalah 3 Oktober 2014.

The final repayment date is October 3, 2014.

Saldo per tanggal 31 Desember 2012 dan 2011 masing-masing sebesar JPY 77.400.000 dan JPY 131.640.000.

The loan balance outstanding as of December 31, 2012 and 2011 amounted to JPY 77,400,000 and JPY 131,640,000, respectively.

Pada tanggal 30 Maret 2009, Bank memperoleh fasilitas sebesar USD 10.000.000 dengan tingkat suku bunga ditentukan sebagai berikut:



On March 30, 2009, the Bank obtained a USD 10,000,000 facility which bears an interest rate determined as follows:

 Untuk sub-peminjam dimana pemegang saham utamanya adalah perusahaan kecil dan menengah,tingkat suku bunga pada floating rate yang berlaku.

 For sub-borrowers whose principal equityholder is small and medium sized corporations, the interest is at the applicable floating rate.

 Untuk sub-peminjam dimana pemegang saham utamanya adalah bukan perusahaan berskala kecil dan menengah floating rate yang berlaku pada tingkat + 0.25% per tahun.

 For sub-borrowers whose principal equityholder is non-small and medium sized corporations applicable floating rate + 0.25% per annum.

Tanggal akhir pembayaran kembali adalah 3 Oktober 2015.

The final repayment date is October 3, 2015.

Saldo per tanggal 31 Desember 2012 dan 2011 masing-masing sebesar USD 5.244.500 dan USD 7.794.500.

The loan balance outstanding as of December 31, 2012 and 2011 amounted to USD 5,244,500 and USD 7,794,500, respectively.

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

e.


Pada tanggal 1 April 2011, Bank memperoleh fasilitas sebesar USD 13.000.000 dengan tingkat suku bunga ditentukan sebagai berikut:



On April 1, 2011, the Bank obtained a USD 13,000,000 facility which bears an interest rate determined as follows:

 Untuk sub-peminjam dimana pemegang saham utamanya adalah perusahaan kecil dan menengah, tingkat suku bunga pada floating rate yang berlaku.

 For sub-borrowers whose principal equityholder is small and medium sized corporations, the interest is at the applicable floating rate.

 Untuk sub-peminjam dimana pemegang saham utamanya bukan Perusahaan adalah berskala kecil dan menengah – applicable rate yang berlaku pada tingkat + 0.25% per tahun.

 For sub-borrowers whose principal equityholder is non-small and medium sized corporations applicable floating rate + 0.25% per annum.

Tanggal akhir pembayaran kembali adalah 3 January 2018.

The final repayment date is January 3, 2018.

Saldo per tanggal 31 Desember 2012 dan 2011 adalah sebesar USD 7.277.000 dan USD 5.829.000.

The loan balance outstanding as of December 31, 2012 and 2011 amounted to USD 7,277,000 and USD 5,829,000, respectively.

Pembayaran dari semua fasilitas pinjaman dari JBIC akan diangsur secara triwulanan pada hari ketiga, sementara bunganya dibayarkan setiap tanggal 3 bulan Januari dan Juli, sampai pada saat jatuh tempo.

The payment of all loan facilities from JBIC shall be made quarterly on the third day of the month while interest is payable every third day of January and July, until maturity date.

CIMB Bank Niaga, Jakarta

e.

Pada tanggal 3 Nopember 2009, Bank memperoleh fasilitas money market sebesar Rp 200 milyar untuk tujuan pendanaan dan modal kerja. Fasilitas ini tersedia dari 5 Nopember 2009 sampai 5 Nopember 2010 dan dikenakan bunga sebesar 2,5% per tahun + tingkat suku bunga SBI (menggunakan ratarata SBI pada saat tanggal pelelangan terakhir). Pokok pinjaman dan bunga dibayar pada saat jatuh tempo pinjaman. Pada tanggal 3 Nopember 2010 pinjaman ini diperpanjang sampai dengan 5 Nopember 2011 dan fasilitas pinjaman dinaikkan menjadi Rp 300 miliar. Pada tanggal 13 Desember 2011 pinjaman ini diperpanjang sampai 13 Desember 2012. Pada tanggal 23 Juli 2012, Bank dan CIMB Bank Niaga setuju untuk mengubah tingkat suku bunga menjadi Jakarta Interbank Offer Rate (JIBOR) dan pada tanggal 29 Oktober 2012 pinjaman ini kembali diperpanjang sampai dengan tanggal 5 Nopember 2013. Fasilitas ini telah digunakan penuh pada tanggal 31 Desember 2012 dan 2011.

CIMB Bank Niaga, Jakarta On November 3, 2009, the Bank was granted a Rp 200 billion money market facility for funding and working capital purposes. This facility is available from November 5, 2009 to November 5, 2010 and subject to interest of 2.5% per annum plus SBI rate (average SBI rate on cost auction date). Principal and interest are payable on maturity. On November 3, 2010, the facility was extended to November 5, 2011 and the facility was raised to Rp 300 billion. On December 13, 2011, the facility was extended to December 13, 2012. On July 23, 2012, the Bank and CIMB Bank Niaga agreed to change the interest rate into Jakarta Interbank Offer Rate (JIBOR) and on October 29, 2012, this facility was extended to November 5, 2013. This credit facility is fully drawn as of December 31, 2012 and 2011.

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147


f.

g.


OCBC – NISP Bank, Jakarta

f.

OCBC – NISP Bank, Jakarta

Pada tanggal 4 Nopember 2010, Bank memperoleh fasilitas pinjaman sebesar Rp 200 miliar untuk kepentingan kegiatan usaha. Fasilitas ini tersedia dari 4 Nopember 2010 sampai dengan 4 Nopember 2012 dan dikenakan bunga tetap sebesar 9,15% per tahun. Pokok pinjaman akan dibayarkan pada saat jatuh tempo, sementara bunga dibayarkan setiap 3 bulan. Fasilitas ini telah digunakan secara penuh pada tanggal 31 Desember 2011.

On November 4, 2010, the Bank was granted a Rp 200 billion term loan facility for operational purposes. The credit facility is available from November 4, 2010 to November 4, 2012. The credit facility bears a fixed interest rate of 9.15% per annum. The loan principal is payable on maturity while interest is payable quarterly. This credit facility is fully drawn as of December 31, 2011.

Pada tanggal 15 Pebruari 2012, Bank memperoleh fasilitas pinjaman sebesar Rp 250 miliar untuk kepentingan kegiatan usaha. Fasilitas ini tersedia dari 21 Pebruari 2012 sampai dengan 21 Pebruari 2014 dan dikenakan bunga tetap sebesar 8,75% per tahun. Pokok pinjaman akan dibayarkan pada saat jatuh tempo sementara bunga dibayarkan setiap 6 bulan. Fasilitas ini telah digunakan secara penuh pada tanggal 31 Desember 2012.

On February 15, 2012, the Bank was granted a Rp 250 billion term loan facility for operational purposes. The credit facility is available from February 21, 2012 to February 21, 2014 and bears a fixed interest rate of 8.75% per annum. The loan principal is payable on maturity while interest is payable semi-anually. This credit facility is fully drawn as of December 31, 2012.

g.

Citibank NA, Jakarta Pada tanggal 17 Juni 2011, Bank memperoleh fasilitas pinjaman sebesar Rp 100 miliar untuk jangka waktu 1 tahun dengan bunga 6,29% per tahun. Pokok pinjaman akan dibayarkan pada saat jatuh tempo ditambah bunga. Fasilitas pinjaman ini telah digunakan secara penuh pada tanggal 31 Desember 2011 dan telah dilunasi di tahun 2012.

Citibank NA, Jakarta On June 17, 2011, the Bank was granted a Rp 100 billion loan facility for a term of 1 year. The credit facility bears interest rate of 6.29% per annum. The loan principal is payable on maturity plus interest. This credit facility is fully drawn as of December 31, 2011 and has been fully paid on 2012.

22. ACCRUED EXPENSES

22. BIAYA YANG MASIH HARUS DIBAYAR 2012 Rp

2011 Rp

Beban bunga atas: Pinjaman yang diterima dan simpanan dari bank lain Surat berharga yang diterbitkan Deposito berjangka Lain-lain

17.344.238.611 13.387.500.000 5.066.272.716 544.762.236

17.697.965.812 2.012.500.000 4.103.464.664 300.044.807

Interest on: Borrowings and deposits from other banks Securities issued Time deposits Others

Jumlah

36.342.773.563

24.113.975.283

Total

23. POST-EMPLOYMENT BENEFITS OBLIGATION

23. LIABILITAS IMBALAN PASCA KERJA Bank

The Bank

Bank menghitung imbalan pasca kerja berdasarkan mana yang lebih tinggi antara imbalan berdasarkan Undang-undang Ketenagakerjaan No.13/2003 tanggal 25 Maret 2003 dan imbalan berdasarkan Kesepakatan Kerja antara Bank dan karyawan. Jumlah karyawan yang berhak atas imbalan pasca kerja tersebut pada tanggal 31 Desember 2012 dan 2011 masing-masing adalah 220 dan 203 karyawan.

The Bank calculates post-employment benefits obligation, whichever is higher between the benefits stated in the Labor Law No. 13/2003 dated March 25, 2003 and benefits under the Collaboration Agreement between the employees and the Bank. The number of employees entitled to the benefits as of December 31, 2012 and 2011 is 220 and 203, respectively.


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Beban imbalan pasca kerja yang diakui di laporan laba rugi komprehensif konsolidasian adalah:

Amounts recognized in the consolidated statements of comprehensive income in respect of the post-employment benefits is as follows:

2012 Rp Biaya jasa kini Biaya bunga Amortisasi kerugian aktuaria Hasil aset program Jumlah

2011 Rp

6.115.020.713 3.624.022.304 1.220.379.771 (1.803.097.080)

4.721.853.519 3.482.225.576 198.631.520 (1.607.054.559)

9.156.325.708

6.795.656.056

Liabilitas imbalan pasca kerja (biaya dibayar dimuka) yang diakui dalam laporan posisi keuangan konsolidasian adalah sebagai berikut:

Liabilitas bersih

Total

The amounts included in the consolidated statement of financial position arising from the Bank‟s obligation in respect of these postemployment benefits are as follows:

2012 Rp Nilai kini kewajiban Nilai wajar aset program Kerugian aktuarial yang belum diakui

Current service cost Interest cost Amortization of actuarial loss Return on plan assets

2011 Rp

70.087.036.409 (46.206.003.713)

60.239.074.943 Present value of obligation (39.204.047.028) Fair value of plan assets

(23.881.032.696)

(21.035.027.915) Unrecognized actuarial loss

-

-

Mutasi dari nilai kini liabilitas imbalan pasti adalah sebagai berikut:

Net liability

Movements of present value of past service liability are as follows:

2012 Rp

2011 Rp

Saldo awal tahun Biaya bunga Biaya jasa kini Keuntungan yang dibayarkan Kerugian aktuaria

56.205.600.633 3.624.022.304 3.725.605.581 (3.005.530.993) 3.387.967.513

39.547.580.224 3.482.225.576 2.547.959.355 (3.179.161.067) 13.806.996.545

Balance at beginning of the year Interest cost Current service cost Benefit paid Actuarial loss

Saldo akhir Biaya untuk direktur/tenaga kerja asing

63.937.665.038

56.205.600.633

Ending balance

6.149.371.371

4.033.474.310

Jumlah

70.087.036.409

60.239.074.943

Bank menyiapkan dana untuk pembayaran imbalan pasca kerja bagi karyawannya. Dana tersebut ditempatkan dalam kontrak asuransi jiwa dengan Allianz Life Indonesia. Dalam kontrak, asuransi jiwa berfungsi sebagai administrator dan fund manager, dan tidak mengambil kewajiban atas kecukupan dana untuk membayar klaim aktual. Dana tersebut diinvestasikan terutama dalam deposito berjangka.

Accrual for Director/Expatriate Total

The Bank sets up fund for payment of post employment obligation for its employees. The fund is put in a life insurance contract with Allianz Life Indonesia. In the contract, life insurance acts as an administrator and fund manager, and does not take the liability of sufficiency of the fund to pay for actual claim. The fund is invested principally in time deposits.

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149



Mutasi liabilitas bersih (biaya dibayar di muka) di laporan posisi keuangan konsolidasian adalah sebagai berikut:

Movements in the net liability (prepaid expense) recognized in the consolidated statement of financial position are as follows:

2012 Rp Saldo awal Kontribusi atas aset program

2011 Rp

(9.156.325.708)

Beban tahun berjalan (Catatan 30)

Beginning balance (6.795.656.056) Contribution to plan assets Amount charged to comprehensive 6.795.656.056 income (Note 30)

9.156.325.708

Saldo akhir

-

-

Nilai wajar aset program adalah sebagai berikut:

Ending balance

Fair value plan assets are as follows:

2012 Rp

2011 Rp

Nilai wajar aset - awal Kontribusi Keuntungan yang diharapkan Keuntungan yang dibayarkan Nilai wajar aset yang diharapkan Kerugian dari aset

39.204.047.028 9.156.325.708 1.803.097.080 (3.279.049.064) 46.884.420.752 (678.417.039)

35.793.645.668 6.795.656.056 1.607.054.559 (4.626.684.719) 39.569.671.564 (365.624.536)

Fair value of assets - beginning Contribution Expected return Benefit payment Expected fair value of assets Loss from assets

Nilai wajar aktual

46.206.003.713

39.204.047.028

Actual fair value of assets

Perhitungan imbalan pasca kerja dihitung oleh aktuaris independen PT Padma Radya Aktuaria. Asumsi utama yang digunakan dalam menentukan penilaian aktuaris adalah sebagai berikut:

Tingkat diskonto Tingkat kenaikan gaji Tingkat kematian Tingkat cacat Tingkat pengunduran diri

Ekspektasi imbalan hasil investasi

The cost of providing post-employment benefits is calculated by an independent actuary, PT Padma Radya Aktuaria. The actuarial valuation was carried out using the following key assumptions:

2012

2011

6,0% 9,0% 100% TMI III 5% Tingkat kematian/ Mortality rate 6% sampai dengan usia 30 tahun dan menurun secara linear sampai dengan 0% pada usia 55 tahun/ 6% up to age 30 and reducing linearly to 0% at age 55 6,0% p.a

6,5% 9,0% 100% TMI II 5% Tingkat kematian/ Mortality rate 6% sampai dengan usia 30 tahun dan menurun secara linear sampai dengan 0% pada usia 55 tahun/ 6% up to age 30 and reducing linearly to 0% at age 55 6,0% p.a

Historis penyesuaian yang terjadi adalah sebagai berikut: 2012 Rp Nilai kini kewajiban Penyesuaian liabilitas imbalan program


2011 Rp

Discount rate Future salary increment rate Mortality rate Disability rate Resignation rate

Expected return on investment

The history of experience adjustments is as follows: 2010 Rp

2009 Rp

2008 Rp

70.087.036.409

60.239.074.943

42.854.684.023

35.250.421.805

38.129.839.784

1.553.641.024

(96.692.821)

(261.652.013)

1.935.101.161

433.453.875

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Present value of obligation Experience adjustments on plan liabilities




Entitas Anak

The Subsidiary

Entitas anak menghitung beban dan liabilitas imbalan pasca kerja sesuai dengan Undangundang Ketenagakerjaan No. 13/2003 tanggal 25 Maret 2003. Jumlah karyawan yang berhak atas imbalan pasca kerja tersebut adalah 9 karyawan pada tanggal 31 Desember 2012 dan 2011.

The subsidiary calculates post-employment benefits obligation as stated in the Labor Law No. 13/2003 dated March 25, 2003. There are 9 employees entitled to the benefits as of December 31, 2012 and 2011.

Beban imbalan pasca kerja yang diakui di laporan laba rugi komprehensif konsolidasian adalah:

Amounts recognized in the consolidated statements of comprehensive income in respect of the post-employment benefits is as follows:

2012 Rp

2011 Rp

Biaya jasa kini Biaya bunga Amortisasi biaya jasa lalu, kerugian aktuarial dan koreksi aktuarial

30.182.119 17.112.651

23.606.085 13.904.893

3.418.622

1.698.475

Jumlah

50.713.392

39.209.453

Liabilitas imbalan pasca kerja yang termasuk dalam laporan posisi keuangan konsolidasian adalah sebagai berikut:

Liabilitas bersih

Total

The amounts included in the consolidated statement of financial position arising from the subsidiary‟s obligation in respect of these post employment benefits are as follows:

2012 Rp Nilai kini kewajiban Biaya jasa lalu yang belum diakui Kerugian aktuarial yang belum diakui

Current service cost Interest cost Amortization of past service cost, actuarial loss and actuarial corrections

2011 Rp

304.614.903 (688.014) (114.957.083) 188.969.806

Mutasi liabilitas bersih di laporan posisi keuangan konsolidasian adalah sebagai berikut:

Present value of defined benefit obligation Unrecognized past service (736.568) cost

225.166.459

(86.173.477) Unrecognized actuarial loss 138.256.414 Net liability

Movements in the net liability recognized in the consolidated statement of financial position are as follows:

2012 Rp

2011 Rp

Saldo awal tahun Beban tahun berjalan (Catatan 30)

138.256.414

99.046.961

50.713.392

39.209.453

Saldo akhir tahun

188.969.806

138.256.414

Mutasi dari nilai kini liabilitas imbalan pasti adalah sebagai berikut:

Balance at beginning of year Amount charged to comprehensive income (Note 30) Balance at end of year

Movements of present value of past service liability are as follows:

2012 Rp

2011 Rp

Saldo awal tahun Biaya bunga Biaya jasa kini Kerugian aktuaria

225.166.459 17.112.651 30.182.119 32.153.674

146.367.292 13.904.893 23.606.085 41.288.189

Balance at beginning of the year Interest cost Current service cost Actuarial loss

Saldo akhir tahun

304.614.903

225.166.459


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151



Perhitungan imbalan pasca kerja dihitung oleh aktuaris independen PT Binaputera Jaga Hikmah. Asumsi utama yang digunakan dalam menentukan penilaian aktuaris adalah sebagai berikut:

Tingkat diskonto per tahun Tingkat kenaikan gaji Tingkat kematian Tingkat pengunduran diri

The cost of providing post-employment benefits is calculated by an independent actuary, PT Binaputera Jaga Hikmah. The actuarial valuation was carried out using the following key assumptions:

2012

2011

6,2% 5,0% CSO II - 99 10% sampai dengan usia 29 tahun dan menurun secara linear sampai dengan 1% pada usia di atas 50 tahun/ 10% up to age 29 years old and reducing linearly to 1% at age 50 years old and thereafter

7,6% 5,0% CSO II - 99 10% sampai dengan usia 29 tahun dan menurun secara linear sampai dengan 1% pada usia di atas 50 tahun/ 10% up to age 29 years old and reducing linearly to 1% at age 50 years old and thereafter

Historis penyesuaian yang terjadi adalah sebagai berikut: 2012 Rp Nilai kini kewajiban Penyesuaian liabilitas imbalan program

2011 Rp

The history of experience adjustments is as follows: 2010 Rp

2009 Rp

pemegang

2008 Rp

304.614.903

225.166.459

146.367.292

162.286.607

36.803.623

37.160.037

13.338.479

5.029.640

24. MODAL SAHAM Susunan berikut:

Discount rate per annum Future salary increment rate Mortality rate Resignation rate

78.455.660

-

Experience adjustments on plan liabilities

24. CAPITAL STOCK saham

Pemegang Saham

adalah

The composition of stockholders is as follows:

sebagai

31 Desember/December 31, 2012 dan/and 2011 Jumlah Persentase Jumlah Modal Saham/ Pemilikan/ Disetor/ Number of Percentage Total Paid-up Shares of Ownership Capital % Rp

Resona Bank Limited, Tokyo East Asia Indonesian Holdings Limited Vision Well Limited Jafco Company Limited Tuan William Budiman

1.237.399

43,42

123.739.900.000

855.000 567.677 144.759 45.165

30,00 19,92 5,08 1,58

85.500.000.000 56.767.700.000 14.475.900.000 4.516.500.000

Jumlah

2.850.000

100,00

285.000.000.000

Sehubungan dengan meninggalnya Tn. William Budiman pada tanggal 31 Januari 2004, berdasarkan Akta Keterangan Mengenai Hak Waris No. 68 tanggal 27 April 2004 dari notaris Inggraini Yamin, S.H., menyatakan bahwa sahamsaham Bank milik Tn. William Budiman saat ini dimiliki bersama oleh Koesmiati Sari, Christine Budiman, Andrew Budiman, Jack Budiman dan Wilson Budiman, selaku kuasa dalam menjalankan hak dan wewenang serta melaksanakan liabilitas yang berhubungan dengan saham-saham Bank.


Present value of obligation

Name of Stockholder Resona Bank Limited, Tokyo East Asia Indonesian Holdings Limited Vision Well Limited Jafco Company Limited Mr. William Budiman Total

In connection with the death of Mr. William Budiman on January 31, 2004, and based on the Decree of Inherited Rights No. 68 dated April 27, 2004 of Inggraini Yamin, S.H., the shares owned by Mr. William Budiman are now jointly owned by Koesmiati Sari, Christine Budiman, Andrew Budiman, Jack Budiman and Wilson Budiman, the trustees who have the right to execute the activities concerning shares of the Bank.

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25. SELISIH NILAI TRANSAKSI RESTRUKTURISASI ENTITAS SEPENGENDALI

25. DIFFERENCE IN VALUE FROM RESTRUCTURING TRANSACTION AMONG ENTITIES UNDER COMMON CONTROL

Merupakan selisih nilai transaksi dengan jumlah tercatat atas perolehan saham Resona Indonesia Finance dalam rangka restrukturisasi entitas sepengendali.

This account represents the difference in value of restructuring transaction among entities under common control arising from the acquisition of shares of Resona Indonesia Finance.

26. BUNGA YANG DIPEROLEH

26. INTEREST EARNED 2012 Rp

Rupiah Kredit Penempatan pada Bank Indonesia dan bank lain Sewa pembiayaan Efek-efek Giro Anjak piutang Pembiayaan konsumen Mata uang asing Kredit Sewa pembiayaan Penempatan pada bank lain Efek-efek Giro Jumlah

2011 Rp

426.205.917.688

389.392.831.636

24.235.997.201 19.805.300.281 10.286.920.273 1.513.941.830 219.084.443 171.373.121

30.342.542.083 17.970.841.956 10.296.780.109 1.399.423.871 2.171.855.275 374.831.081

145.131.932.982 10.051.881.894 1.924.547.990 1.104.233.716 200.044.937

123.048.766.973 7.251.157.665 1.184.778.174 1.313.926.405 204.800.238

Rupiah Loans Placements with Bank Indonesia and other banks Finance leases Securities Demand deposits Factoring Consumer financing Foreign currencies Loans Finance leases Placements with other banks Securities Demand deposits

640.851.176.356

584.952.535.466

Total

Untuk tahun-tahun yang berakhir 31 Desember 2012 dan 2011, pendapatan bunga yang diakui dari aset keuangan yang mengalami penurunan nilai adalah masing-masing sebesar Rp 6.446.837.963 dan Rp 3.231.370.320.

For the years ended December 31, 2012 and 2011, interest income recognized from impaired financial assets amounted to Rp 6,446,837,963 and Rp 3,231,370,320, respectively.

27. BUNGA YANG DIBAYAR

27. INTEREST INCURRED 2012 Rp

Rupiah Deposito berjangka Surat berharga yang diterbitkan Simpanan dari bank lain dan pinjaman yang diterima Giro Tabungan Mata uang asing Simpanan dari bank lain dan pinjaman yang diterima Deposito berjangka Giro Jumlah

2011 Rp

105.943.839.243 42.875.000.000

111.755.980.845 34.648.888.889

40.236.696.221 6.043.023.944 64.182.458

27.778.982.058 5.974.258.502 77.557.661

35.857.642.709 3.120.290.076 756.623.864

27.036.942.673 2.084.231.013 995.297.593

234.897.298.515

210.352.139.234

28. PROVISI DAN KOMISI LAINNYA

Rupiah Time deposits Securities issued Deposits from other banks and borrowings Demand deposits Savings deposits Foreign currencies Deposits from other banks and borrowings Time deposits Demand deposits Total

28. OTHER FEES AND COMMISSIONS

Pendapatan provisi dan komisi lainnya terutama berasal dari pendapatan jasa atas penerbitan bank garansi dan komisi atas transaksi ekspor impor serta jasa pengiriman uang.

Revenues from other fees and commissions mainly consist of service fees on bank guarantees issued and commissions on trade finance transactions and also fee on remittances.

- 70 -



153



29. BEBAN CADANGAN KERUGIAN PENURUNAN NILAI

29. PROVISION FOR IMPAIRMENT LOSSES

2012 Rp

ALLOWANCE

2011 Rp

Kredit (Catatan 10) Piutang sewa pembiayaan (Catatan 12) Piutang pembiayaan konsumen Anjak Piutang

2.138.190.257 5.487.926 (521.061) (1.136.616)

12.208.368.641 (49.863.033) (1.101.825) (2.561.979)

Loans (Note 10) Finance leases receivable (Note 12) Consumer financing receivables Factoring

Jumlah

2.142.020.506

12.154.841.804

Total

30. BEBAN UMUM DAN ADMINISTRASI

30. GENERAL AND ADMINISTRATIVE EXPENSES 2012 Rp

Imbalan pasca kerja (Catatan 23) Perbaikan dan pemeliharaan Penyusutan (Catatan 14) Amortisasi biaya software Sewa Sarana informasi Honorarium tenaga ahli Pendidikan Komunikasi Listrik, air dan gas Alat-alat kantor Asuransi Pajak dan ijin Transportasi Promosi dan iklan Representasi Keanggotaan Lain-lain Jumlah

2011 Rp

9.207.039.100 6.127.548.662 6.071.403.595 5.258.161.079 5.045.347.479 3.614.634.299 3.482.395.130 3.336.426.852 3.055.894.865 2.255.943.404 1.959.027.264 1.657.765.620 1.249.393.406 1.176.681.626 1.116.503.606 623.657.351 337.824.382 7.932.875.889

6.834.865.509 7.591.212.735 4.857.723.796 6.658.676.051 4.305.139.027 3.030.416.629 2.385.651.679 3.873.106.327 3.513.938.170 2.310.659.909 1.660.895.075 1.544.455.244 1.304.400.343 1.447.853.189 958.851.623 540.588.515 336.556.736 5.152.322.668

63.508.523.609

58.307.313.225

31. BEBAN TENAGA KERJA

Post-employment benefits (Note 23) Repairs and maintenance Depreciation (Note 14) Amortization of software cost Rent Information facility Professional fee Training Communication Electricity, water and gas Office supplies Insurance Taxes and licenses Transportation Promotion and advertisement Representation Membership Others Total

31. PERSONNEL EXPENSES 2012 Rp

2011 Rp

Gaji dan upah Tunjangan karyawan Kesejahteraan karyawan

46.302.330.717 19.967.655.269 3.309.120.861

42.286.796.060 17.481.822.352 2.972.068.802

Salaries and wages Allowances Employee's welfare

Jumlah

69.579.106.847

62.740.687.214

Total

Rincian gaji dan tunjangan atas dewan direksi dan komisaris adalah sebagai berikut:

Details of salaries and benefits of board of directors and commissioners are as follows:

2012 Rp Gaji dan upah Tunjangan karyawan Kesejahteraan karyawan Jumlah


FOR

2011 Rp

5.635.127.989 4.192.943.864 273.518.071

4.084.853.557 2.885.637.751 487.523.652

Salaries and wages Allowances Employee's welfare

10.101.589.924

7.458.014.960

Total

- 71 -




32. PAJAK PENGHASILAN

32. INCOME TAX

Beban pajak terdiri dari:

Pajak kini Bank Entitas anak Sub jumlah

Income tax expense consists of the following: 2012 Rp

2011 Rp

76.606.447.250 4.111.147.004

75.211.037.250 3.003.544.006

80.717.594.254

78.214.581.256

Pajak tangguhan Bank Entitas anak

12.110.106.383 138.402.679

5.661.026.244 2.135.998.067

Sub jumlah

12.248.509.062

7.797.024.311

92.966.103.316

86.011.605.567

Jumlah

Current tax The Bank Subsidiary Sub total Deferred tax The Bank Subsidiary Sub total Total

Pajak Kini

Current Tax

Rekonsiliasi antara laba sebelum pajak menurut laporan laba rugi komprehensif dengan laba kena pajak adalah sebagai berikut:

A reconciliation between income before tax per statements of comprehensive income and taxable income is as follows:

2012 Rp

2011 Rp

Laba sebelum pajak menurut laporan laba rugi komprehensif konsolidasian Laba sebelum pajak - entitas anak

370.125.774.314 (18.138.769.470)

337.923.378.128 (16.199.052.694)

Income before tax expense per consolidated statements of comprehensive income Income before tax - subsidiary

Laba sebelum pajak - Bank

351.987.004.844

321.724.325.434

Income before tax - the Bank

Perbedaan temporer Beban (laba) yang tidak dapat diperhitungkan menurut fiskal

(48.440.425.536)

(22.644.104.978)

2.879.209.737

1.763.928.544

Temporary differences Non deductible expenses (non taxable income)

Laba kena pajak - Bank

306.425.789.045

300.844.149.000

Beban dan utang pajak kini adalah sebagai berikut:

The details of current tax expense and payable are as follows:

2012 Rp Beban pajak kini Bank Entitas anak

2011 Rp

76.606.447.250 4.111.147.004

75.211.037.250 3.003.544.006

80.717.594.254

78.214.581.256

4.690.500 60.999.722.000

4.329.239 64.212.477.000

61.004.412.500

64.216.806.239

4.110.005.121

2.323.774.935

Utang pajak kini - Bank (Catatan 20) Utang pajak kini - entitas anak (Catatan 20)

15.602.034.750

10.994.231.011

1.141.883

679.769.071

Jumlah Utang Pajak

15.603.176.633

11.674.000.082

Sub jumlah Dikurangi pembayaran pajak di muka Bank Pajak penghasilan Pasal 23 Pasal 25 Sub jumlah Entitas anak Pajak penghasilan Pasal 25

Taxable income - the Bank

- 72 -


Current tax expenses The Bank Subsidiary Sub total Less prepaid taxes The Bank Income taxes Article 23 Article 25 Sub total Subsidiary Income taxes Article 25 Current tax payable - the Bank (Note 20) Current tax payable subsidiary (Note 20) Total Tax Payable


155



Laba kena pajak dan pajak penghasilan Bank tahun 2011 telah sesuai dengan Surat Pemberitahuan (SPT) yang disampaikan oleh Bank ke Kantor Pelayanan Pajak.

The taxable income and corporate income tax in 2011 are in accordance with the annual corporate income tax returns filed by the Bank to the Tax Service Office.

Entitas anak menggunakan fasilitas pengurangan pajak. Sejak tahun 2009, Pemerintah Republik Indonesia menerapkan fasilitas pengurangan tarif untuk wajib pajak badan dalam negeri dengan peredaran bruto sampai dengan Rp 50 milyar akan mendapatkan pengurangan tarif sebesar 50% dari tarif yang dikenakan atas penghasilan kena pajak dari bagian peredaran bruto sampai dengan Rp 4,8 miliar.

The subsidiary applied tarif deduction facility. Starting in 2009, the Government of Republic of Indonesia enacted the tariff deduction facility, which provides that resident corporate tax payers with gross revenue up to Rp 50 billion shall receive a 50% reduction in the corporate tax rate on the taxable income for gross revenue up to Rp 4.8 billion.

Pajak Tangguhan

Deferred Tax

Rincian dan perubahan dari aset (liabilitas) pajak tangguhan Bank dan entitas anak adalah sebagai berikut:

The details of and changes in the Bank and its subsidiary‟s deferred tax assets (liabilities) are as follows:

1 Januari/ January 1, 2011 Rp

Dikreditkan (dibebankan) ke laporan laba rugi komprehensif/ Credited (charged) to comprehensive income for the year Rp

Dikreditkan (dibebankan) ke laporan laba rugi komprehensif/ Credited (charged) to comprehensive income for the year Rp



Bank Liabilitas pajak tangguhan: Cadangan kerugian penurunan nilai kredit Biaya emisi surat berharga yang diterbitkan Jumlah liabilitas pajak tangguhan

(6.015.044.899) (1.054.163.333)

(7.069.208.232)

Entitas anak Aset (liabilitas) pajak tangguhan

237.261.396

(6.007.673.018) 346.646.774

(5.661.026.244)

(2.135.998.067)

(12.022.717.917)

(12.164.663.626)

(707.516.560)

(12.730.234.477)

54.557.243

(652.959.317)

(12.110.106.383)

(1.898.736.671)

Rekonsiliasi antara beban pajak dan hasil perkalian laba akuntansi dengan tarif pajak efektif yang berlaku adalah sebagai berikut:

(24.187.381.543)

(24.840.340.860)

(138.402.679)

(2.037.139.350)

The Bank Deferred tax liabilities: Allowance for impairment losses - loans Securities issuance costs Total deferred tax liabilities Subsidiary Deferred tax asset (liabilities)

A reconciliation between total tax expense and the amounts computed by multiplying the prevailing effective tax rate to income before tax is as follows:

2012 Rp

2011 Rp

Laba sebelum pajak penghasilan menurut laporan laba rugi komprehensif konsolidasian Laba sebelum pajak - entitas anak

370.125.774.314 (18.138.769.470)

337.923.378.128 (16.199.052.694)

Income before tax per consolidated statements of comprehensive income Income before tax - subsidiaries

Laba sebelum pajak - Bank

351.987.004.844

321.724.325.434

Income before tax - Bank

Tarif pajak yang berlaku Beban (laba) yang tidak dapat menurut diperhitungkan fiskal menurut fiskal

87.996.751.211

80.431.081.359

719.802.422

440.982.135

Beban Pajak - Bank Beban Pajak - entitas anak Resona Indonesia Finance

88.716.553.633

80.872.063.494

4.249.549.683

5.139.542.073

Jumlah

92.966.103.316

86.011.605.567


- 73 -

Tax expense at effective tax rates Non deductible expenses (non taxable income) Tax Expense - Bank Tax Expenses - subsidiaries Resona Indonesia Finance Total




33. LABA PER SAHAM

33. EARNINGS PER SHARE

Berikut ini data yang digunakan untuk perhitungan laba per saham dasar dan dilusian:

Laba bersih dan jumlah laba komprehensif untuk laba per saham dasar dan dilusian

The following data was used to compute the basic and diluted earnings per share:

2012 Rp

2011 Rp

277.158.559.860

Jumlah saham Jumlah rata-rata tertimbang saham biasa untuk perhitungan laba per saham dasar dan dilusian

Lembar/ Shares

251.910.887.800 Lembar/ Shares

2.850.000

34. DIVIDEN TUNAI DAN CADANGAN UMUM a.

Berdasarkan Risalah Rapat Umum Pemegang Saham Tahunan No. 05/Dir-Um/VI/2012 tanggal 26 Juni 2012, pemegang saham menyetujui untuk membagikan dividen tunai dan pembentukan cadangan umum untuk tahun buku 2011 masing-masing sebesar Rp 62.985.000.000 dan Rp 196.653.016.733.

b.

Berdasarkan Risalah Rapat Umum Pemegang Saham Tahunan No. 02/DirUm/VI/2011 tanggal 16 Juni 2011, pemegang saham menyetujui untuk membagikan dividen tunai dan pembentukan cadangan umum untuk tahun buku 2010 masingmasing sebesar Rp 85.001.250.000 dan Rp 117.400.000.000.

2.850.000

Net income for the computation and total comprehensive income of basic and diluted earnings per share

Number of shares Weighted average outstanding common shares for computation of basic and diluted earnings per share

34. CASH DIVIDENDS AND GENERAL RESERVE a.

b.

35. SIFAT, TRANSAKSI DAN SALDO DENGAN PIHAK-PIHAK BERELASI

Based on the Annual General Meeting of Stockholders as stated in deed No. 05/Dir-Um/VI/2012 dated June 26, 2012, the shareholders had approved the distribution of Rp 62,985,000,000 cash dividends for the 2011 financial year and the appropriation of Rp 196,653,016,733 for general reserve. Based on the Annual General Meeting of Stockholders as stated in deed No. 02/Dir-Um/VI/2011 dated June 16, 2011, the shareholders had approved the distribution of Rp 85,001,250.000 cash dividends for the 2010 financial year and the appropriation of Rp 117,400,000,000 for general reserve.

35. NATURE OF RELATIONSHIP AND TRANSACTIONS WITH RELATED PARTIES

Sifat Berelasi

Nature of Relationship

Pihak-pihak yang berelasi adalah perusahaan yang mempunyai keterkaitan kepemilikan atau kepengurusan secara langsung maupun tidak langsung dengan Bank.

Related parties are companies, which have the same stockholders and/or management, directly or indirectly, as the Bank.

Perusahaan-perusahaan yang berelasi adalah sebagai berikut:

Related parties are as follows:

1.

Resona Bank Ltd., Tokyo, dan William Budiman merupakan pemegang saham Bank.

1.

Resona Bank Ltd., Tokyo, and William Budiman are the shareholders of the Bank.

2.

Saitama Resona Bank Ltd., pemegang saham utamanya sama dengan pemegang saham utama Bank.

2.

Saitama Resona Bank Ltd., the ultimate shareholder is the same as the Bank‟s ultimate shareholder.

3.

The Bank of East Asia, Ltd. merupakan pemegang saham utama dari East Asia Indonesian Holdings, Ltd., yang merupakan salah satu pemegang saham Bank.

3.

The Bank of East Asia, Ltd. is the ultimate shareholder of East Asia Indonesian Holdings, Ltd., one of the shareholders of the Bank.

- 74 -



157



Transaksi dengan Pihak Berelasi

Transactions with Related Parties

Dalam kegiatan usahanya, Bank juga mengadakan transaksi-transaksi tertentu dengan pihak-pihak berelasi. Transaksi-transaksi tersebut meliputi:

In the normal course of business, the Bank entered into certain transactions with related parties. These transactions included the following:

1. Giro pada bank lain dan penerimaan bunga (Catatan 6 dan 26).

1. Demand deposits with other banks and receipt of interest (Notes 6 and 26).

2. Simpanan, simpanan dari bank lain dan pembayaran bunga (Catatan 17, 18 dan 27).

2. Deposits, deposits from other banks and payment of interest (Notes 17, 18 and 27).

3. Pinjaman yang diterima dan beban bunga (Catatan 21 dan 27).

3. Borrowings and interest expense (Notes 21 and 27).

Persentase saldo giro pada bank lain dari pihak berelasi terhadap jumlah aset pada tahun 2012 dan 2011 masing-masing sebesar 0,16% dan 0,20%.

The percentage of balance of demand deposit with other banks from related parties to total assets in 2012 and 2011 are 0.16% and 0.20%, respectively.

Persentase saldo masing-masing liabilitas kepada pihak berelasi terhadap jumlah liabilitas adalah sebagai berikut:

The percentage of balance of each liability to related parties to total liabilities are as follows:

2012 %

2011 %

Simpanan Simpanan dari bank lain Pinjaman yang di terima

0,001 0,96 13,29

0,004 2,64 17,48

Deposits Deposits from other banks Borrowings

Jumlah

14,25

20,12

Total

Persentase bunga yang diperoleh dari pihak berelasi terhadap jumlah pendapatan bunga pada tahun 2012 dan 2011 masing-masing sebesar 0,01%.

The percentage of interest earned from related parties to total interest revenue in 2012 and 2011 are 0.01%, respectively.

Persentase bunga yang dibayar kepada pihak berelasi terhadap jumlah beban bunga pada tahun 2012 dan 2011 masing-masing sebesar 6,40% dan 6,46%.

The percentage of interest incurred from related parties to total interest expenses in 2012 and 2011 are 6.40% and 6.46%, respectively.

36. KOMITMEN DAN KONTINJENSI

36. COMMITMENTS AND CONTINGENCIES 2012 Rp

KOMITMEN Tagihan Komitmen Pihak ketiga Fasilitas pinjaman diterima dari bank-bank lain yang belum digunakan Pembelian valuta asing tunai yang belum diselesaikan dan derivatif

2011 Rp

1.638.460.000.000

725.440.000.000

532.479.984.557 2.170.939.984.557

504.034.593.975 1.229.474.593.975

Liabilitas Komitmen Pihak ketiga Fasilitas kredit kepada debitur yang belum digunakan Irrevocable letters of credit Pembelian valuta asing tunai yang belum diselesaikan dan derivatif Jumlah Liabilitas Komitmen

111.631.099.899 190.728.505.030

259.687.155.448 219.661.738.514

719.207.268.832 1.021.566.873.761

540.002.306.574 1.019.351.200.536

Tagihan Komitmen - Bersih

1.149.373.110.796

210.123.393.439


- 75 -

COMMITMENTS Commitment Receivables Third parties Unused credit facilities received from other banks Unsettled spot foreign currencies bought and derivative Commitment Liabilities Third parties Unused credit facilities granted Irrevocable letters of credit Unsettled spot foreign currencies bought and derivative Total Commitment Liabilities Commitment Receivables - Net




2012 Rp KONTINJENSI Tagihan Kontinjensi Pihak ketiga Pendapatan bunga dalam penyelesaian

2011 Rp

4.512.404.847

4.728.342.590

CONTINGENCIES Contingent Receivables Third parties Interest receivables on non-performing loans

Liabilitas Kontinjensi Pihak ketiga Bank garansi yang diterbitkan

187.131.765.677

234.122.876.165

Contingent Liabilities Third parties Bank guarantees issued

Liabilitas Kontinjensi - Bersih

182.619.360.830

229.394.533.575

Contingent Liabilities - Net

Jumlah Tagihan (Liabilitas) Komitmen dan Kontinjensi - Bersih

966.753.749.966

(19.271.140.136)

Total Commitment and Contingencies Receivables (Liabilities) - Net

37. JATUH TEMPO KEUANGAN

ASET

DAN

LIABILITAS

37.

Analisa jatuh tempo aset dan liabilitas keuangan menurut kelompok jatuh temponya berdasarkan periode yang tersisa, terhitung sejak tanggal 31 Desember 2012 sampai dengan tanggal jatuh tempo adalah sebagai berikut:

Aset Keuangan/Financial Assets Tanpa suku bunga/Without interest: Kas/Cash Giro pada Bank Indonesia/Demand deposits with Bank Indonesia Giro pada Bank lain/Demand deposits with other banks Tagihan derivatif/ Derivative receivables Tagihan akseptasi/ Acceptances receivable Aset lain-lain/Other assets Suku bunga variabel/Variable interest rate: Kredit/Loans Piutang sewa pembiayaan/ Finance lease receivables Piutang pembiayaan konsumen/ Consumer financing receivables Suku bunga tetap/Fixed interest rate: Penempatan pada Bank Indonesia dan bank lain /Placement with Bank Indonesia and other banks Giro pada Bank Indonesia/Demand deposits with Bank Indonesia Efek-efek/Securities Kredit/Loans Piutang sewa pembiayaan/ Finance lease receivables Tagihan anjak piutang/ Factoring receivable Jumlah aset keuangan/Total financial assets

Sampai dengan 1 bulan/1 month or less Rp

MATURITIES OF FINANCIAL ASSETS AND LIABILITIES The analysis of maturities of financial assets and liabilities based on remaining terms until maturity calculated from December 31, 2012 are as follows:

> 1 bulan s/d 3 bulan/ > 1 month 3 months Rp

> 3 bulan s/d 12 bulan/ > 3 months 12 months Rp

2012

> 1 tahun s/d 5 tahun/ > 1 year 5 years Rp

> 5 tahun/ > 5 years Rp

Jumlah/ Total Rp

18.079.790.314

-

-

-

-

18.079.790.314

585.239.687.706

-

-

-

-

585.239.687.706

-

-

573.800.016.056

573.800.016.056

-

-

8.936.582.948

4.193.285.263

630.891.345

102.341.866.702 5.055.323.707

62.227.549.234 -

31.616.080.222 -

636.919.223.424

1.382.433.294.874

3.110.737.319.051

2.440.703.335.175

19.934.333.546

301.858.949.364

-

321.793.282.910

-

843.015.574

-

843.015.574

-

260.226.000.000

-

1.662.063.628.205

-

-

-

-

1.401.837.628.205 87.426.318.750 34.467.940.201 184.089.105.003 8.057.408.455

3.601.415.846 58.752.812.497 -

98.895.328 -

156.405.498.615 20.311.044.020

215.870.203.663

140.134.141

967.213.536

-

-

3.646.250.891.471

1.511.208.357.714

3.339.775.300.940

3.220.567.612.640

75.980.828.870 3.933.289.663 103.370.877.410 -

3.702.635.997 62.227.549.235 246.349.656

188.035.587 31.616.080.222 -

588.800.000

2.838.278.582.577 15.996.670.500

289.140.000.000

1.236.813.216.500

528.774.413.000

-

13.859.654.884

-

196.185.496.158 5.055.323.707

200.183.950.226

4.566.040.948 204.749.991.174

7.770.977.122.750

87.426.318.750 194.474.854.662 483.589.206.131 1.107.347.677 8.057.408.455 11.922.552.153.939

Liabilitas Keuangan/Financial Liabilities Tanpa suku bunga/Without interest: Liabilitas segera/Liabilities payable immediately Liabilitas derivatif/Derivative liabilities Liabilitas akseptasi/ Acceptance payables Liabilitas lain-lain/Other liabilities Suku bunga variabel/Variable interest rate: Simpanan/Deposits Pinjaman diterima/Borrowings Biaya yang masih harus dibayar/Accrued expenses Suku bunga tetap/Fixed interest rate: Simpanan/Deposits Pinjaman diterima/Borrowings Simpanan dari bank lain/ Deposits from other banks Surat berharga yang diterbitkan/ Securities Issued Biaya yang masih harus dibayar/Accrued expenses Jumlah liabilitas keuangan/Total financial liabilities Selisih/Difference

7.604.149.435 2.148.679.410.443 325.987.083.850 847.900.018.785 28.165.453.887

341.872.689.300 -

104.585.548.489 5.405.197.200 -

-

-

-

-

240.950.000

75.980.828.870 7.823.961.247 197.214.506.867 835.149.656 2.838.278.582.577 2.070.965.250.000

28.408.005

-

7.632.557.440

252.588.593.200

-

2.595.137.648.232 583.980.874.250

-

847.900.018.785

-

597.388.162.729

597.388.162.729 -

-

28.165.453.887

6.395.896.365.420

697.189.224.188

1.378.608.077.998

1.379.368.376.934

240.950.000

9.851.302.994.540

(2.749.645.473.949)

814.019.133.526

1.961.167.222.942

1.841.199.235.706

204.509.041.174

2.071.249.159.399

- 76 -



159



Analisa jatuh tempo aset liabilitas keuangan menurut kelompok jatuh temponya berdasarkan periode yang tersisa, terhitung sejak tanggal 31 Desember 2011 sampai dengan tanggal jatuh tempo adalah sebagai berikut:

The analysis of maturities of financial assets and liabilities based on remaining terms until maturity calculated from December 31, 2011 are as follows:

> 1 bulan s/d 3 bulan/ > 1 month 3 months Rp

> 3 bulan s/d 12 bulan/ > 3 months 12 months Rp

22.964.448.810

-

539.868.177.920

-


Aset Keuangan/Financial Assets Tanpa suku bunga/Without interest: Kas/Cash Giro pada Bank Indonesia/Demand deposits with Bank Indonesia Giro pada Bank lain/Demand deposits with other banks Tagihan derivatif/ Derivative receivables Tagihan akseptasi/Acceptances receivable Aset lain-lain/Other assets

781.100.467.831

Suku bunga variabel/Variable interest rate: Kredit/Loans Piutang sewa pembiayaan/Finance lease receivables Piutang pembiayaan konsumen/ Consumer financing receivables Suku bunga tetap/Fixed interest rate: Penempatan pada Bank Indonesia dan bank lain /Placement with Bank Indonesia and other banks Giro pada Bank Indonesia/Demand deposits with Bank Indonesia Efek-efek/Securities Kredit/Loans Piutang sewa pembiayaan/Finance lease receivable Tagihan anjak piutang/ Factoring receivable Jumlah aset keuangan/Total financial assets

-

2011

> 1 tahun s/d 5 tahun/ > 1 year 5 years Rp

> 5 tahun/ > 5 years Rp

-

-

-

22.964.448.810

-

-

-

539.868.177.920

-

781.100.467.831

-

7.665.799.723 260.851.769.449 4.252.304.108

-

-

Jumlah/ Total Rp

4.039.800.174 100.179.512.352 4.252.304.108

2.296.384.068 117.929.304.202 -

1.222.945.692 42.742.952.895 -

106.669.789 -

385.505.067.629

932.944.898.690

2.517.452.624.995

2.161.312.226.215

16.472.874.494

260.178.560.909

-

276.651.435.403

2.012.430.768

-

2.012.430.768

-

1.113.136.306.379

-

-

-

-

909.886.278.429 87.366.866.250 63.731.822.324 86.767.069.009 9.500.000.000

30.320.605.932 212.395.779.605 -

-

203.250.027.950

-

38.732.931.208 413.845.340.229

117.013.077.456

211.324.283

1.714.328.994

113.534.691.362

107.367.430.617

6.110.749.508.891

87.366.866.250 132.785.359.464 937.388.696.916

-

1.925.653.277

-

9.500.000.000

-

-

-

2.995.161.814.836

1.295.886.972.497

3.233.931.021.746

2.542.337.294.131

1.441.111.886 2.419.800.621 100.179.512.352 -

1.547.065.635 117.929.304.202 41.929.004

975.358.164 42.742.952.895 -

3.569.750.000

-

1.441.111.886 4.942.224.420 260.851.769.449 3.611.679.004

2.105.642.425.649 178.622.668.900

934.760.000.000

1.369.520.000.000

146.166.000.000

-

2.105.642.425.649 2.629.068.668.900

-

-

14.484.824.761

-

-

2.822.267.599.374 200.000.000.000

-

-

227.502.880.675

-

297.169.933.762

220.902.121.979

10.288.219.225.189

Liabilitas Keuangan/Financial Liabilities Tanpa suku bunga/Without interest: Liabilitas segera/Liabilities payable immediately Liabilitas derivatif/ Derivative liabilities Liabilitas akseptasi/ Acceptance payables Liabilitas lain-lain/ Other liabilities Suku bunga variabel/Variable interest rate: Simpanan/Deposits Pinjaman diterima/Borrowings Biaya yang masih harus dibayar/ Accrued expenses

14.484.824.761

Suku bunga tetap/Fixed interest rate: Simpanan/Deposits Pinjaman diterima/Borrowings Simpanan dari bank lain/ Deposits from other banks Surat berharga yang diterbitkan/ Securities Issued Biaya yang masih harus dibayar/ Accrued expenses

2.516.547.010.001 227.502.880.675 9.329.105.715

Jumlah liabilitas keuangan/Total financial liabilities

5.156.169.340.560

Selisih/Difference

(2.161.007.525.724)


238.910.604.180 -

66.809.985.193 200.000.000.000

-

-

-

-

297.169.933.762

-

-

1.293.188.903.021

1.680.048.296.252

446.905.683.762

2.698.069.476

1.553.882.725.494

2.095.431.610.369

- 77 -

-

-

9.329.105.715

-

8.576.312.223.595

220.902.121.979

1.711.907.001.594




38. ASET DAN LIABILITAS MONETER DALAM MATA UANG ASING

38. MONETARY ASSETS AND LIABILITIES DENOMINATED IN FOREIGN CURRENCIES

Posisi aset dan liabilitas moneter dalam mata uang asing pada tanggal 31 Desember 2012 dan 2011 adalah sebagai berikut:

Following are the balances of monetary assets and liabilities denominated in foreign currencies as of December 31, 2012 and 2011: 2012

Mata Uang Asing/ Foreign currency

2011 Ekuivalen dalam/ Equivalent in Rp

Mata Uang Asing/ Foreign currency

Ekuivalen dalam/ Equivalent in Rp

Aset/Assets Kas/Cash Giro pada Bank Indonesia/ Demand deposits with Bank Indonesia Giro pada bank lain/ Demand deposits with other banks

Penempatan pada bank lain/ Placements with other banks - Deposito/Time deposits Efek-efek/Securities - Wesel ekspor/Export bills Tagihan derivatif/Derivative receivables

Kredit/Loans Tagihan akseptasi/Acceptances receivables

Piutang sewa pembiayaan/ Finance lease receivables Bunga yang masih akan diterima/ Accrued interest receivable Biaya dibayar dimuka/Prepaid expense Aset lain-lain/Other assets

USD JPY

361.978 20.750.000

3.488.743.964 2.319.227.500

581.030 17.481.000

5.268.780.040 2.042.130.420

USD

44.500.000

428.891.000.000

42.850.000

388.563.800.000

USD JPY EUR SGD THB GBP CHF AUD HKD

48.547.539 790.712.759 674.131 778.287 7.085.857 14.658 19.965 10.127 5.546

467.901.179.437 88.377.965.073 8.583.029.781 6.132.124.455 2.232.045.109 227.413.595 210.345.972 101.343.791 6.894.237

68.745.073 1.285.198.003 324.967 346.852 2.487.604 6.335 18.807 30.824 17.608

623.380.326.317 150.136.830.711 3.806.990.162 2.422.417.650 716.429.848 88.533.023 181.149.891 283.767.309 20.548.268

USD

27.000.000

260.226.000.000

22.413.986

203.250.027.950

USD

3.949.923

38.069.356.047

1.545.132

14.011.257.621

EUR JPY THB USD SGD CHF USD JPY USD EUR JPY SGD

38.986.282 43.871 1.058 21 374.591.513 3.242.465.849 15.181.168 1.855.337 141.207.658 788.200

4.357.496.740 13.819.253 10.198.790 162.364 3.610.313.006.350 362.410.407.943 146.316.095.353 23.622.151.320 15.782.779.935 6.210.227.800

29.970 8.254.439 4 345.993.150 1.752.268.210 26.083.219 66.569 135.798.500 788.920

351.093.630 964.283.564 127 37.510 3.137.465.879.698 204.699.972.292 236.522.630.527 779.850.915 15.863.980.770 5.509.817.280

USD JPY

15.188.849 201.594.372

146.390.128.685 22.532.202.958

13.058.824 176.580.791

118.417.414.672 20.628.168.004

USD JPY EUR USD USD EUR

227.142 2.363.806 28.600 103.293 6.173

2.189.195.358 264.202.597 275.650.699 995.542.367 78.588.907

236.354 2.535.629 39 71.771 68.630 6.173

2.143.257.483 296.212.180 460.811 650.819.966 622.336.113 72.311.423

Jumlah aset sebelum cadangan kerugian penurunan nilai/ Total assets before allowance for impairment losses Cadangan kerugian penurunan nilai /Allowance for impairment losses

5.648.528.526.380 USD JPY

(6.410.798) (2.563.316)

Jumlah cadangan kerugian penurunan nilai/ Total allowance for impairment losses

(61.787.274.676) (286.501.829) (62.073.776.505)

Aset bersih/Net asset

5.586.454.749.875

- 78 -


5.139.161.516.175 (10.103.249) (228.903.560)

(91.616.259.069) (26.740.513.879) (118.356.772.948) 5.020.804.743.227


161


P.T. BANK RESONA PERDANIA AND ITS SUBSIDIARY NOTES TO CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEARS ENDED DECEMBER 31, 2012 AND 2011 (Continued) 2012

Mata Uang Asing/ Foreign currency Liabilitas segera/ Liabilities payable immediately

Giro/Demand deposits

Deposito berjangka/Time deposits

Simpanan dari bank lain/Call Money Pinjaman yang diterima/Borrowings Liabilitas derivatif/Derivative Liabilities

Liabilitas akseptasi/ Acceptances payable

Utang pajak/Taxes payable

Biaya masih harus dibayar/ Accrued expenses

Liabilitas lain-lain/Other liabilities


659.524.331 176.179 2.487 166.608.990 2.592.648.236 789.641 402.720 5.990.437 1.306 80.771.732 623.410.026 10.000.000 214.875.000 304.025.000 56.375.269 26.116 65 -

73.715.034.476 1.698.010.022 19.596.885 1.605.777.443.307 289.780.293.339 6.221.584.275 5.127.433.714 1.886.987.573 13.067.841 778.477.955.522 69.678.538.605 96.380.000.000 2.070.965.250.000 33.980.874.250 6.301.063.816 8.226.476 621.734 -

1.601.530 2.213

187.090.735 20.062.950

119.067.802 2.131.091.655 338.553 90.967 1.046.122 24.577 94.733.178 620.060.914 314.717 25.000.000 241.055.000 369.645.000 1.864.865 3.080 1

1.079.706.826.632 248.954.127.136 2.364.452.127 1.065.683.913 301.283.145 226.257.887 859.040.457.107 72.435.515.973 3.686.912.232 226.700.000.000 2.185.886.740.000 43.181.928.900 217.853.529 27.928.788 10.912

USD EUR JPY SGD USD JPY EUR

15.287.934 1.855.337 141.207.658 788.200 5.077 35.423 -

147.345.106.061 23.622.151.321 15.782.779.935 6.210.227.800 48.930.487 3.959.229 -

26.083.219 66.569 135.798.500 788.920 6.072 20.864 10

236.522.630.527 779.850.915 15.863.980.770 5.509.817.280 55.061.349 2.437.333 122.890

USD JPY EUR

859.185 537.107 32

8.280.823.140 60.032.450 402.586

1.557.480 1.002.800 3

14.123.232.255 117.147.096 30.929

USD JPY SGD

15.969.503 741.628 -

153.914.074.393 82.891.760 -

413.246 550.046 1.098

3.747.315.487 64.256.367 7.671.016

Aset - Bersih/Net Asset

Kurs konversi yang digunakan Bank pada tanggal 5 April 2013, 31 Desember 2012 dan 2011, menggunakan kurs Reuters jam 16.00 WIB sebagai berikut:

USD 1 SGD 1 GBP 1 EUR 1 JPY 1 CHF 1 HKD 1 AUD 1 THB 1



JPY USD SGD USD JPY SGD EUR THB AUD USD JPY EUR USD USD JPY JPY THB USD CHF

Jumlah liabilitas/Total liabilities

Mata Uang Asing

2011 Mata Uang Asing/ Foreign currency

5 April/ April 5, 2013 Rp 9.750,00 7.878,00 14.843,00 12.602,00 101,30 10.362,00 1.256,00 10.166,00 333,00

5.395.383.360.997

5.000.796.686.180

191.071.388.878

20.008.057.047

The conversion rates used as of April 5, 2013, December 31, 2012 and 2011 were Reuters‟ rates as of 4:00 PM Western Indonesian Time with details as follows: 31 Desember/December 31, 2012 2011 Rp Rp 9.638,00 7.879,00 15.515,00 12.732,00 111,77 10.536,00 1.243,00 10.007,00 315,00

- 79 -

9.068,00 6.984,00 13.975,00 11.715,00 116,82 9.632,00 1.167,00 9.206,00 288,00

Foreign Currency USD 1 SGD 1 GBP 1 EUR 1 JPY 1 CHF 1 HKD 1 AUD 1 THB 1




39. KLASIFIKASI DAN NILAI WAJAR ATAS ASET DAN LIABILITAS KEUANGAN

39. CLASSIFICATIONS AND FAIR VALUE OF FINANCIAL ASSETS AND LIABILITIES The following table summarises the carrying amounts and fair values of those financial assets and liabilities.

Tabel di bawah ini menunjukkan nilai tercatat dan nilai wajar dari aset dan liabilitas keuangan. 2012

Catatan/ Notes

Aset keuangan Kas

Pinjaman yang diberikan dan piutang/Loans and receivables Rp

Biaya perolehan diamortisasi lainnya/ Other amortised costs Rp

Jumlah nilai tercatat/ Carrying amount Rp

Diperdagangkan/ Trading Rp

Dimiliki hingga jatuh tempo/ Held to maturity Rp

-

-

18.079.790.314

-

18.079.790.314

18.079.790.314

Nilai wajar/ Fair value Rp Financial assets Cash Demand deposits with Bank Indonesia Demand deposits with other Banks Placements with Bank Indonesia and other banks Securities Derivative receivables Loans Acceptance receivables Finance lease receivables Consumer financing receivables Factoring receivables Other assets

Giro pada Bank Indonesia

5

-

-

672.666.006.456

-

672.666.006.456

672.666.006.456

Giro pada bank lain

6

-

-

573.800.016.056

-

573.800.016.056

573.800.016.056

1.662.063.628.205 38.069.356.048 8.154.198.054.705 196.185.496.158 322.766.585.237

-

1.662.063.628.205 194.474.854.662 13.859.654.884 8.154.198.054.705 196.185.496.158 322.766.585.237

1.662.063.628.205 193.562.387.000 13.859.654.884 8.254.566.328.881 196.185.496.158 322.900.630.587

842.740.225 8.054.775.724 5.055.323.707

-

842.740.225 8.054.775.724 5.055.323.707

843.015.574 8.057.408.455 5.055.323.707

-

11.822.046.926.333

11.921.639.686.277

Total

5.433.416.230.809 847.900.018.785 197.214.506.867

75.980.828.870 5.433.416.230.809 847.900.018.785 7.823.961.247 197.214.506.867

75.980.828.870 5.433.416.230.809 847.900.018.785 7.823.961.247 197.214.506.867

Financial Liabilities Liabilities payable immediately Deposits Deposits from other banks Derivative Payables Acceptance payables

597.388.162.729 2.654.946.124.250

597.388.162.729 2.654.946.124.250

599.237.987.193 2.654.946.124.250

35.798.011.327 835.149.656

35.798.011.327 835.149.656

9.851.302.994.540

9.853.152.819.004

Penempatan pada Bank Indonesia dan bank lain Efek-efek Tagihan derivatif Kredit Tagihan akseptasi Piutang sewa pembiayaan Piutang pembiayaan konsumen Tagihan anjak piutang Aset lain-lain

7 8 9 10 11 12

15

Jumlah Liabilitas keuangan Liabilitas segera Simpanan Simpanan dari Bank lain Liabilitas derivatif Liabilitas akseptasi Surat berharga yang diterbitkan Pinjaman yang diterima Biaya yang masih harus dibayar Liabilitas lain-lain

16 17 18 9 11 19 21

13.859.654.884 -

-

-

13.859.654.884

156.405.498.614

7.823.961.247 -

-

11.651.781.772.835

75.980.828.870 -

-

-

-

-

35.798.011.327 835.149.656

-

112.613.989.853

7.823.961.247

Jumlah

156.405.498.614 -

-

9.730.865.043.440

Securities issued Borrowing Accrued expenses Other liabilities Total

2011

Catatan/ Notes

Aset keuangan Kas

Pinjaman yang diberikan dan piutang/Loans and receivables Rp

Biaya perolehan diamortisasi lainnya/ Other amortised costs Rp

Jumlah nilai tercatat/ Carrying amount Rp

Diperdagangkan/ Trading Rp

Dimiliki hingga jatuh tempo/ Held to maturity Rp

-

-

22.964.448.810

-

22.964.448.810

22.964.448.810

Nilai wajar/ Fair value Rp Financial assets Cash Demand deposits with Bank Indonesia Demand deposits with other Banks Placements with Bank Indonesia and other banks Securities Derivative receivables Loans Acceptance receivables Finance lease receivables Consumer financing receivables Factoring receivables Other assets


5

-

-

627.235.044.170

-

627.235.044.170

627.235.044.170

Giro pada bank lain

6

-

-

781.100.467.831

-

781.100.467.831

781.100.467.831

1.113.136.306.379 14.362.351.251 6.927.170.549.059 260.851.769.449 278.452.316.591

-

1.113.136.306.379 132.785.359.464 7.665.799.723 6.927.170.549.059 260.851.769.449 278.452.316.591

1.113.136.306.379 132.636.681.527 7.665.799.723 7.048.138.205.807 260.851.769.449 278.577.088.680

2.011.634.358 9.496.230.653 4.252.304.108

-

2.011.634.358 9.496.230.653 4.252.304.108

2.012.430.768 9.500.000.000 4.252.304.108

10.041.033.422.659

-

10.167.122.230.595

10.288.070.547.252

Total

4.927.910.025.023 227.502.880.675 260.851.769.449

1.441.111.886 4.927.910.025.023 227.502.880.675 4.942.224.420 260.851.769.449

1.441.111.886 4.927.910.025.023 227.502.880.675 4.942.224.420 260.851.769.449

Financial Liabilities Liabilities payable immediately Deposits Deposits from other banks Derivative Payables Acceptance payables

297.169.933.762 2.829.068.668.900

297.169.933.762 2.829.068.668.900

300.696.736.673 2.829.068.668.900

23.813.930.476 3.611.679.004

23.813.930.476 3.611.679.004

8.576.312.223.595

8.579.839.026.506

Penempatan pada Bank Indonesia dan bank lain Efek-efek Tagihan derivatif Kredit Tagihan akseptasi Piutang sewa pembiayaan Piutang pembiayaan konsumen Tagihan anjak piutang Aset lain-lain

7 8 9 10 11 12

15

Jumlah Liabilitas keuangan Liabilitas segera Simpanan Simpanan dari Bank lain Liabilitas derivatif Liabilitas akseptasi Surat berharga yang diterbitkan Pinjaman yang diterima Biaya yang masih harus dibayar Liabilitas lain-lain Jumlah

16 17 18 9 11 19 21

7.665.799.723 -

-

118.423.008.213 -

-

7.665.799.723

118.423.008.213

4.942.224.420 -

-

1.441.111.886 -

-

-

-

-

23.813.930.476 3.611.679.004

-

28.866.721.366

4.942.224.420

-

- 80 -

8.542.503.277.809


Securities issued Borrowing Accrued expenses Other liabilities Total


163



Nilai tercatat aset keuangan yang menghasilkan bunga dan nilai tercatat liabilitas yang berbunga adalah sebesar Rp 10.530.332.185.114 dan Rp 9.569.448.547.900 pada tanggal 31 Desember 2012 dan Rp 8.671.516.257.348 dan Rp 8.305.465.438.836 pada tanggal 31 Desember 2011.

The carrying amount of the interest bearing financial assets and liabilities as of December 31, 2012 amounted to Rp 10,530,332,185,114 and Rp 9,569,448,547,900 and as of December 31, 2011 amounted to Rp 8,671,516,257,348 and Rp 8,305,465,438,836.

Aset atau liabilitas yang memiliki suku bunga tetap terpapar risiko suku bunga atas nilai wajar (fair value interest rate risk), sedangkan aset atau liabilitas yang memiliki suku bunga mengambang terpapar risiko suku bunga atas arus kas (cash flow interest rate risk).

Asset or liabilities arranged at fixed interest rate are exposed to fair value interest risk, meanwhile asset or liability arranged at floating interest rates are exposed to cash flow interest rate risk.

Nilai wajar mendekati nilai tercatatnya karena memiliki sifat jangka pendek dan atau sering dilaksanakan re-pricing.

Fair value approximates the carrying value because of short term in nature, and/or repricing frequently.

40. MANAJEMEN RISIKO

40. RISK MANAGEMENT

Dewan Direksi Bank mempunyai tanggung jawab utama dalam mengelola dan mengawasi berbagai macam risiko yang dihadapi oleh Bank dan entitas anak. Direksi telah menetapkan Komite Aset dan Liabilitas, Komite Kredit, dan Komite Manajemen Risiko yang bertanggung jawab terhadap pengembangan dan pengawasan kebijakan manajemen risiko Bank di bidangnya masingmasing. Seluruh komite memiliki anggota eksekutif dan non eksekutif dan melaporkan aktivitasnya secara berkala kepada Dewan Direksi.

The Bank‟s Board of Directors has primary responsibility for managing and overseeing a wide range of risks faced by the Bank and its subsidiary. In conjunction with this, the Board of Directors has established the Asset and Liability Committee, Credit Committee, and Risk Management Committee to assist in policy development and oversight of risk management in their respective fields. All the committees have executive and non-executive members and regularly report their activities to the Board of Directors.

Bank menerapkan manajemen risiko yang independen dan sesuai dengan standar yang merujuk pada ketentuan Bank Indonesia serta best yang diterapkan di perbankan practices internasional.

The Bank applies independent risk management in accordance with the requirement of Bank Indonesia regulations and the international best practices in banking industry.

Bagian Manajemen Risiko bersama-sama unit kerja terkait bertanggung jawab dalam mengelola/mengkoordinasikan seluruh risiko yang dihadapi Bank, yaitu risiko kredit, risiko pasar, risiko operasional, risiko likuiditas, risiko hukum, risiko reputasi, risiko stratejik dan risiko kepatuhan, termasuk membahas dan mengusulkan kebijakan dan pedoman pengelolaan risiko.

Together with the related working unit, Risk Management Division is responsible for managing and/or coordinating all risks exposures by the Bank, such as credit risk, market risk, operational risk, liquidity risk, legal risk, reputation risk, strategic risk and compliance risk, including discussing and proposing risk management policies and guidelines.

Seluruh risiko tersebut dilaporkan Bank melalui penyusunan laporan profil risiko secara triwulanan untuk menggambarkan seluruh risiko yang melekat dalam kegiatan bisnis Bank, termasuk risiko entitas anak secara konsolidasian.

All these risks are reported by the Bank through the preparation of the risk profile report on a quarterly basis to describe all the inherent risks in the Bank's business activities, including the consolidated risk of a subsidiary.


- 81 -




Selain itu Bank juga sudah menyusun laporan perhitungan kecukupan modal sesuai dengan profil risiko (ICAAP/Internal Capital Adequacy Assesment Process) berdasarkan data posisi Desember 2012 sebagai tindak lanjut dari laporan profil risiko yang dilaporkan secara triwulanan sesuai dengan PBI No. 14/18/PBI/2012 mengenai “Kewajiban Penyediaan Modal Minimum (KPMM) dan juga SEBI No. 14/37/DPNP KPMM sesuai Profil Risiko dan Pemenuhan CEMA. Dalam proses ICAAP ini Bank mengidentifikasi dan mengukur kembali risiko-risiko yang mungkin Bank hadapi dalam menjalankan kegiatan bisnisnya dan menghubungkannya dengan strategi untuk memelihara tingkat permodalan.

In addition, the Bank has established an Internal Capital Adequacy Assessment Process (ICAAP) based on the data position as of December 2012 as a follow-up action from risk profile report that has been reported quarterly based on BI regulation No. 14/18/PBI/2012 about Minimum Capital Requirement Liability (MCRL) and also SEBI No. 14/37/DPNP MCRL based on Risk Profile and CEMA Fulfillment. In ICAAP process, the Bank identifies and reassesses risk that may be encountered in operating its business activities and link with the strategy to maintain capital level.

Tim manajemen risiko membantu Dewan Direksi untuk memastikan bahwa risiko telah dikelola dengan benar dan berdasarkan prinsip kehatihatian. Bank dan entitas anak juga telah membuat kebijakan-kebijakan untuk mengatur dan memantau risiko-risiko berikut:

The risk management team assists the Board of Directors to ensure that risks are managed properly and are in line with prudential principles. The Bank and its subsidiary also have created policies to regulate and monitor the following risks:

RISIKO KREDIT

CREDIT RISK

Risiko kredit adalah risiko akibat kegagalan debitur dan/atau pihak lain dalam memenuhi kewajiban kepada Bank dan entitas anak. Risiko kredit dapat bersumber dari berbagai aktivitas bisnis Bank. Pemberian kredit merupakan sumber risiko kredit yang terbesar. Selain kredit, Bank menghadapi risiko kredit dari berbagai instrumen keuangan seperti surat berharga, akseptasi, transaksi antar bank, transaksi pembiayaan perdagangan, transaksi nilai tukar dan derivatif, serta kewajiban komitmen dan kontinjensi.

Credit risk is the risk due to failure of the debtor and/or other parties to fulfill their obligations to the Bank and its subsidiary. Credit risk can be derived from the Bank's business activities primarily from the lending process which has been the biggest source of credit risk. In addition, the Bank faces credit risk from various financial instruments such as securities, acceptances, interbank transactions, trade financing transactions, foreign exchange and derivatives transactions, as well as commitments and contingent liabilities.

Risiko kredit dapat meningkat karena terkonsentrasinya penyediaan dana, antara lain pada debitur, wilayah geografis, produk, jenis pembiayaan, atau lapangan usaha tertentu. Risiko ini lazim disebut risiko konsentrasi kredit.

Credit risk may increase due to concentration of provision of funds, among others, by debtor, geographic, product, type of financing, or a particular business line. This risk is commonly called concentrations risk of credit.

Secara umum eksposur risiko kredit merupakan salah satu eksposur risiko utama sehingga kemampuan Bank untuk mengidentifikasi, mengukur, memantau, dan mengendalikan risiko kredit serta menyediakan modal yang cukup bagi risiko tersebut sangat penting.

Generally, credit risk exposure is one of the major risk exposures, so the Bank‟s ability to identify, measure, monitor, and control credit risk as well as provide sufficient capital for these risks is very important.

Penerapan manajemen risiko kredit tidak hanya ditujukan untuk menempatkan Bank sebagai bank yang patuh terhadap regulasi, namun merupakan suatu tuntutan manajemen untuk menerapkan sistem pengelolaan risiko kredit yang baik dan sesuai dengan praktek di perbankan untuk memastikan bahwa aktivitas penyediaan dana tidak terekspos pada risiko kredit yang dapat menimbulkan kerugian pada Bank. Penerapan manajemen risiko yang dilakukan tidak hanya bertujuan untuk mencegah terjadinya penurunan kualitas kredit, namun juga diharapkan mampu mendorong kegiatan bisnis Bank.

Credit risk management is not only intended to put the Bank as a bank that adheres to regulations, but as part of management‟s demand to implement a good credit risk management which is in accordance with banking practices to ensure that funds are not exposed to credit risk that may cause losses to the Bank. Application of risk management is not only aimed to prevent the decline in credit quality, but also expected to encourage Bank‟s business activities.

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165



Untuk memastikan penurunan kualitas kredit dapat diketahui lebih awal, maka portofolio kredit harus secara aktif dipantau dan dimitigasi melalui implementasi strategi remediasi dalam menyelesaikan kredit bermasalah yang dipantau secara berkelanjutan antar Seksi/Bagian terkait termasuk unit kerja recovery, yaitu Credit Monitoring and Recovery Section (CMRS).

To ensure that credit quality deterioration can be detected early, the loan portfolio should be actively monitored and mitigated through the implementation of remediation strategies in solving nonperforming loans, which is monitored on an ongoing basis between the related sections/divisions including Credit Monitoring and Recovery Section (CMRS).

Mulai tahun 2012 Bank telah menghitung Aset Tertimbang Menurut Risiko (ATMR) risiko kredit pada tahun 2012 sesuai dengan Surat Edaran Bank Indonesia No.13/6/DPNP tanggal 18 Pebruari 2011 perihal Pedoman Perhitungan Aset Tertimbang Menurut Risiko untuk Risiko Kredit dengan Menggunakan Metode Standar. Selain itu, Bank juga terus menyempurnakan internal rating dan perhitungan risiko kredit secara internal (Internal Rating Based Approach-IRBA), sehingga dapat lebih menunjukkan sensitivitas terhadap risiko yang dihadapi oleh Bank sesuai dengan kondisi dan karakteristik Bank.

Since 2012, the Bank is required to calculate Risk Weighted Assets (RWA) of credit risk in according to Bank Indonesia Circular Letter No.13/6/DPNP dated February 18, 2011 regarding Guidelines for Calculation of Risk Weighted Assets for Credit Risk Using Standard Methods. In addition, the Bank also continues to refine the calculation of Internal Rating Based Approach (IRBA) so as to further demonstrate the sensitivity of the risks faced by the Bank in accordance with the conditions and characteristics of the Bank.

Untuk memantau kualitas dan menguji elastisitas kualitas portofolio (NPL dan Yield) terhadap perubahan variabel-variabel ekonomi yang dapat berdampak pada kecukupan modal Bank, Bank secara rutin (setiap 6 bulan) maupun ad hoc melakukan stress test terhadap seluruh portofolio kredit baik per kelompok debitur besar, segmen bisnis, industri maupun produk dengan berbagai skenario. Dengan stress test ini, Bank dapat mengantisipasi lebih awal dan mengambil langkahlangkah pengendalian portofolio dan solusi yang paling optimal sebagai strategi jangka pendek maupun jangka panjang. Dengan demikian, kualitas portofolio kredit dan kecukupan modal Bank terjaga dengan baik.

To monitor the quality and test the elasticity of the portfolio quality (NPL and Yield) against the changes in economic variables that may impact the Bank‟s capital adequacy, the Bank on a regular basis (every 6 months) and ad hoc, runs stress test on the entire loan portfolio both by the large debtor, segment of business, industry or products with a variety of scenarios. With the stress test, the Bank can early anticipate and take control of the portfolio and the most optimal solution as a strategy for short and long term. Thus, the credit portfolio quality and capital adequacy of the Bank are well preserved.

Bank menerapkan prosedur-prosedur dalam mengelola risiko, antara lain:

The Bank implements certain procedures to manage risks, among others:

tertentu



Merumuskan kebijakan perkreditan berdasarkan hasil diskusi dengan unit-unit bisnis, mencakup persyaratan agunan, penilaian kredit, tingkat risiko dan pelaporan, prosedur dokumentasi dan hukum, serta kepatuhan terhadap terhadap peraturan dan persyaratan yang diwajibkan oleh pengawas.



Formulating credit policies based on the results of discussions with the business units, including collateral requirements, credit assessment, the level of risk and reporting, documentation and legal procedures, and compliance with regulations and requirements that are required by the regulator.



Pemisahan fungsi antara yang melakukan analisis, persetujuan, dan administrasi kredit dalam kerangka kerja atau mekanisme prosedur pendelegasian pengambilan keputusan penyediaan dana. Permohonan kredit dilakukan analisa berdasarkan 4 eyes principles oleh Credit Examination Division dan Komite Kredit.



Segregation of duties among analysis, approval, and credit administration within the framework or mechanism for delegating decision-making in provision of funds. Credit application is analyzed with 4 eyes principles by the Credit Examination Division and Credit Committee.



Pengembangan sistem administrasi kredit, efisiensi dan efektivitas operasional administrasi kredit, termasuk pemantauan dokumentasi, persyaratan kontrak, perjanjian kredit, dan pengikatan agunan.



Development of credit administration system, operational efficiency and effectiveness of credit administration, including monitoring documentation, contract requirements, credit agreements, and binding of collateral.


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

Melakukan pengawasan secara berkala atas kondisi debitur, yang meliputi kinerja keuangan, kemampuan membayar dan kinerja usaha debitur.



Conduct periodic monitoring of the debtors‟ conditions, which includes financial performance, repayment capacity and business prospect.



Memantau dan mengevaluasi perkembangan dan kualitas portofolio kredit secara keseluruhan dan dilaporkan secara berkala ke Dewan Direksi dan Dewan Komisaris.



Monitor and evaluate progress and quality of the overall credit portfolio and report periodically to the Board of Directors and the Board of Commissioners.



Memantau dan mengevaluasi perkembangan kualitas kredit yang diberikan kepada pihak terkait dan debitur-debitur tertentu serta memastikan pemenuhan Batas Maksimum Pemberian Kredit yang sesuai.



Monitor and evaluate the development of the credit quality to related parties and particular debtors and ensure compliance with the appropriate Legal Lending Limit.



Melakukan evaluasi dan pemantauan terhadap serta melaporkan kredit non-performing perkembangannya ke Dewan Direksi.



Evaluate and monitor non-performing loans and report the progress to the Board of Directors.



Membatasi konsentrasi eksposur terhadap counterparty berdasarkan sektor industri untuk mencegah berlebihnya konsentrasi pada sektor industri tertentu.



Limit the concentrations of exposure to the counterparty based on the industrial sector to prevent over concentration on a particular industry sector.



Sentralisasi eksposur laporan posisi keuangan dan rekening administratif yang mengandung risiko kredit dari setiap debitur atau per kelompok debitur dan/atau pihak lawan transaksi (counterparty) tertentu mengacu pada konsep single obligor.



Centralize the statement of financial position exposures and administrative accounts that contain credit risk of each borrower or a group of borrowers and/or certain counterparty referring to the concept of single obligor.



Menggunakan teknik pengukuran risiko dengan pendekatan pemeringkatan internal (internal rating) dan senantiasa melakukan pengkinian data secara berkala.



Use risk measurement technique with an internal rating approach and continue updating the data periodically.



Mengukur risiko kredit terkait dengan kegagalan pihak lawan (counterparty credit risk) seperti transaksi derivatif over the counter/OTC, dengan menggunakan nilai pasar yang dilakukan secara berkala.



Measure credit risks associated with the default of the other party (counterparty credit risk) such as derivative transactions over the counter/OTC, using the market value periodically.



Mengimplementasikan proses persetujuan pinjaman oleh entitas anak dengan mengikutsertakan Dewan Direksi Bank



Implement the process of loan approval by the subsidiary by involving the Bank's Board of Directors

(i) Eksposur maksimum terhadap risiko kredit

(i)

The maximum exposure to credit risk

Untuk aset keuangan yang dicatat dalam laporan posisi keuangan, eksposur maksimum terhadap risiko kredit adalah sama dengan nilai tercatatnya.

For financial assets recorded in the statement of financial position, the maximum exposure to credit risk is equal to its carrying value.

Untuk garansi dan irrevocable letter of credit yang diterbitkan, maka eksposur maksimum terhadap risiko kredit adalah sebesar nilai maksimum yang harus dibayar oleh Bank apabila garansi dan irrevocable letter of credit tersebut harus dipenuhi. Sedangkan untuk komitmen kredit, eksposur maksimum terhadap risiko kredit adalah jumlah seluruh fasilitas komitmen kredit yang belum ditarik oleh nasabah.

For guarantee and irrevocable letter of credit issued, the maximum exposure to credit risk is equal to the maximum value to be paid by the Bank when the guarantee and irrevocable letter of credit must be fulfilled. As for the loan commitment, the maximum exposure to credit risk is the total of credit commitment facilities that have not been withdrawn by the customer.

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167



Tabel berikut ini menyajikan eksposur maksimum terhadap risiko kredit untuk semua instrumen keuangan, baik yang tercatat pada laporan posisi keuangan maupun off-financial position, tanpa mempertimbangkan jaminan.

The following table presents the maximum exposure to credit risk for all financial instruments, both recorded on the statement of financial position and off-financial position, regardless of the collateral.

2012 Rp Laporan posisi keuangan: Giro pada Bank Indonesia Giro pada bank lain Penempatan pada Bank Indonesia dan bank lain Efek-efek Tagihan derivatif Kredit Tagihan akseptasi Piutang sewa pembiayaan Piutang pembiayaan konsumen Tagihan anjak piutang Aset lain-lain Sub Jumlah

2011 Rp

672.666.006.456 573.800.016.056

627.235.044.170 781.100.467.831

1.662.063.628.205 194.474.854.662 13.859.654.884 8.154.198.054.705 196.185.496.158 322.766.585.237 842.740.225 8.054.775.724 5.055.323.707

1.113.136.306.379 132.785.359.464 7.665.799.723 6.927.170.549.059 260.851.769.449 278.452.316.591 2.011.634.358 9.496.230.653 4.252.304.108

11.803.967.136.019

10.144.157.781.785

Statements of financial position Demand deposits with Bank Indonesia Demand deposits with other banks Placement with Bank Indonesia & other banks Securities Derivative receivables Loans Acceptance receivables Finance lease receivables Consumer financing receivables Factoring receivables Other assets Sub Total

Eksposur risiko kredit yang terkait dengan rekening administratif tanpa jaminan atau peningkatan kredit lain adalah sebagai berikut:

Credit risk exposures relating to off-balance sheet items without taking into account of any collateral held or other credit enhancements are as follows:

Komitmen dan kontinjensi Fasilitas kredit yang belum digunakan Irrevocable L/C yang masih

Commitments and contingencies 111.631.099.899

259.687.155.448

Unused credit facilities

berjalan Bank garansi yang diterbitkan

190.728.505.030

219.661.738.514

Irrevocable letters of credit

187.131.765.677

234.122.876.165

Bank guarantees issued

Sub Jumlah

489.491.370.606

713.471.770.127

Sub Total

12.293.458.506.625

10.857.629.551.912

Jumlah

(ii) Analisa risiko konsentrasi kredit

Total

(ii) Credit concentration risk analysis

Risiko konsentrasi kredit timbul ketika sejumlah nasabah yang memiliki aktifitas usaha yang mirip atau memiliki kemiripan karakteristik yang akan menyebabkan kemampuan nasabah dalam memenuhi kewajiban kontraktualnya dipengaruhi oleh perubahan kondisi ekonomi dan kondisi lainnya.

Credit concentration risk arises when several customers have similar business activities or similar characteristics which will cause the customers‟ ability to meet their contractual obligation is affected by the change of economic condition and other conditions.

Bank senantiasa berupaya melakukan diversifikasi portofolio kredit berdasarkan industri, dan produk kredit untuk meminimalkan risiko kredit. Tingkat diversifikasi didasarkan pada rencana strategis Bank, sektor target, kondisi ekonomi saat ini, kebijakan pemerintah, sumber pendanaan, dan proyeksi pertumbuhan.

The Bank always endeavors to diversify credit portfolio based on industry and credit product in order to minimize credit risk. The diversification level is based on the Bank‟s strategic plan, targeted sector, current economic conditions, government policy, funding source and growth projection.


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Risiko konsentrasi kredit berdasarkan sektor ekonomi, mata uang dan periode perjanjian kredit diungkapkan pada Catatan 10.

Concentration of credit risk by economic sector, currency and term of loan agreements is disclosed in Note 10.

Berikut ini adalah tabel dari konsentrasi aset keuangan dan off-financial position berdasarkan jenis counterparty (sebelum dikurangi cadangan kerugian penurunan nilai):

The following table presents the financial assets and off-financial position concentration by type of counterparty (gross of allowance for impairment losses): 2012

Giro pada Bank Indonesia dan bank lain/ Demand deposits with Bank Indonesia and other banks Rp

Penempatan pada Bank Indonesia dan bank lain/ Placement with Bank Indonesia and other banks Rp

Pemerintah dan Bank Indonesia

672.666.006.456

Bank-bank

Efek-efek/ Securities Rp

Tagihan Derivatif/ Derivative Receivables Rp

1.126.837.341.678

156.405.498.615

573.800.016.056

535.226.286.527

-

Aset lain-lain/ Other assets Rp

Komitment dan kontinjensi/ Commitments and Contingencies Rp

Jumlah/ Total Rp

%

-

-

1.955.908.846.749

15,78

28.525.292.475

-

-

1.176.289.189.841

9,49

8.057.408.455

167.660.203.683

5.055.323.707

489.491.370.606

9.261.765.697.641

74,73

8.057.408.455

196.185.496.158

5.055.323.707

489.491.370.606

12.393.963.734.231

100,00

Jumlah/ Total Rp

%

Kredit/ Loans Rp

Piutang sewa pembiayaan/ Finance lease receivables Rp

Piutang pembiayaan konsumen/ Consumer financing receivables Rp

Tagihan anjak piutang/ Factoring Receivables Rp

Tagihan akseptasi/ Acceptance Receivables Rp

-

-

-

-

-

-

38.069.356.047

668.238.736

-

-

-

-

-

-

13.191.416.148

8.254.566.328.881

322.900.630.587

843.015.574

1.246.466.022.512

1.662.063.628.205

194.474.854.662

13.859.654.884

8.254.566.328.881

322.900.630.587

843.015.574

Giro pada Bank Indonesia dan bank lain/ Demand deposits with Bank Indonesia and other banks Rp

Penempatan pada Bank Indonesia dan bank lain/ Placement with Bank Indonesia and other banks Rp

Pemerintah dan Bank Indonesia

627.235.044.170

Bank-bank

Korporasi dan perorangan Jumlah

Government and Bank Indonesia Banks Corporates and personal Total

2011

Piutang pembiayaan konsumen/ Consumer financing receivables Rp

Tagihan anjak piutang/ Factoring Receivables Rp

Tagihan akseptasi/ Acceptance Receivables Rp

Aset lain-lain/ Other assets Rp

Komitment dan kontinjensi/ Commitments and Contingencies Rp

-

-

-

-

-

-

-

-

1.655.544.330.812

15,08

14.362.351.251

2.303.996.562

-

-

-

-

25.165.895.157

-

-

1.026.182.738.751

9,35

-

-

5.361.803.161

7.048.138.205.807

278.577.088.680

2.012.430.768

9.500.000.000

235.685.874.292

4.252.304.108

713.471.770.127

8.296.999.476.943

75,57

1.113.136.306.379

132.785.359.464

7.665.799.723

7.048.138.205.807

278.577.088.680

2.012.430.768

9.500.000.000

260.851.769.449

4.252.304.108

713.471.770.127

10.978.726.546.506

100,00

Efek-efek/ Securities Rp

909.886.278.429

118.423.008.213

781.100.467.831

203.250.027.950

1.408.335.512.001

Korporasi dan perorangan Jumlah

Kredit/ Loans Rp

Piutang sewa pembiayaan/ Finance lease receivables Rp

Tagihan Derivatif/ Derivative Receivables Rp

(iii) Kualitas kredit keuangan

berdasarkan

kelas

aset

Government and Bank Indonesia Banks Corporates and personal Total

(iii) Credit quality by class of financial asset

Dalam mengidentifikasi risiko kredit, Bank didukung dengan aplikasi internal rating yang ditujukan untuk menghasilkan risk rating yang akurat dan konsisten. Rating yang dibuat sudah mengikuti standar sistem desain rating sebagaimana yang dipersyaratkan dalam Basel II.

In identifying credit risk, the Bank uses internal rating application to assist in generating risk rating accurately and consistently. The risk rating application follows the system standard rating design that is required in Basel II.

Untuk memenuhi ketentuan Bank Indonesia, maka hasil rating tersebut kemudian dipetakan ke kolektibilitas seperti dibawah ini:

To comply with Bank Indonesia regulation, the result of rating would be mapped to BI collectibility as follows:

Risk Low

Medium

High

Risk Rating 1 2 3 4 5 6 7 8 9 10 11 12

Corresponding Probable Rating AAA AA A BBB+/BBB BBBBB+/BB BBB+/B BCCC+/CCC CCIn default

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Mapping to Collectibility BI

1 (Pass)

2 (Special Mention) 3 (Sub Standard) 4 (Doubtful) 5 (Loss)


Grade

Investment Grade

Below Investment Grade


169



Definisi dari tingkat risiko adalah sebagai berikut:

Definition of risk level are as follow:



Low Risk Counterparties yang memiliki pendapatan yang tinggi atau stabil, permodalan yang kuat dan likuiditas yang tinggi untuk memenuhi kemampuan pembayaran tanpa bantuan dari sumber dana tambahan.



Low Risk Counterparties which have high or stable earnings, strong capital and liquidity that meets with repayment capability without support from additional source of fund.



Medium Risk Counterparties yang memiliki pendapatan, modal dan likuiditas yang cukup baik, namun memiliki potensi menurun. Meskipun debitur mampu memenuhi kewajiban pembayaran pokok dan bunga, indikasi dari beberapa masalah yang belum teratasi akan mempengaruhi pembayaran di masa depan.



Medium Risk Counterparties which have fairly good earnings, capital and liquidity but with the potential for decline. Although debtor is able to meet principal and interest obligation, indication of certain problems that left unresolved will affect future payment.



High Risk Counterparties yang memiliki pendapatan dan modal yang rendah dan kesulitan likuiditas yang menunjukkan ketidakmampuan untuk membayar kembali pokok dan/atau bunga.



High Risk Counterparties which have low earnings, capital and liquidity difficulties that shows inability to repay principal and/or interest.

Tabel di bawah ini menyajikan kualitas kredit dari aset keuangan berdasarkan kelas menggunakan rating kredit internal Bank (sebelum dikurangi cadangan kerugian penurunan nilai).

The table below shows the credit quality of financial asset by class using the Bank‟s internal credit rating (gross of allowance for impairment losses). 2012

Risiko rendah/ Low risk Rp Dimiliki hingga jatuh tempo Efek-efek Diperdagangkan Tagihan derivatif Pinjaman yang diberikan dan piutang Giro pada Bank Indonesia Giro pada bank lain Penempatan pada Bank Indonesia dan bank lain Efek-efek Kredit Tagihan akseptasi Piutang sewa pembiayaan Piutang pembiayaan kosumen Tagihan anjak piutang Aset keuangan lain-lain Pendapatan bunga yang masih harus diterima Jumlah

Belum jatuh tempo dan tidak mengalami penurunan nilai/Neither past due nor impaired Risiko medium/ Risiko tinggi/ Medium risk High risk Rp Rp

Tidak memiliki rating/Unrated Rp

Telah jatuh tempo tetapi tidak mengalami penurunan nilai/ Past due but not impaired Rp

Mengalami penurunan nilai/ Impaired Rp

Jumlah/ Total Rp

156.405.498.615

-

-

-

-

-

156.405.498.615

13.859.654.884

-

-

-

-

-

13.859.654.884

672.666.006.456 573.800.016.056

-

-

-

-

-

672.666.006.456 573.800.016.056

-

-

17.567.940.784 -

-

-

-

-

120.524.609

-

13.816.696.791

1.662.063.628.205 38.069.356.047 3.366.869.581.792 196.185.496.158 179.106.191.965 843.015.574 8.057.408.455

4.401.366.438.343 126.226.497.838 -

2.327.632.909

2.607.166.189

6.870.253.487.116

4.530.200.102.370

-

17.567.940.784

13.696.172.182 -

472.634.136.564 -

472.634.136.564

1.662.063.628.205 38.069.356.047 8.254.566.328.881 196.185.496.158 322.900.630.587 843.015.574 8.057.408.455

5.055.323.707 11.904.472.363.625

Held-to-maturity Securities Trading Derivative receivables

Loans and receivables Demand deposits with Bank Indonesia Demand deposits with other banks Placement with Bank Indonesia & other banks Securities Loans Acceptance receivables Finance lease receivables Consumer financing receivables Factoring receivables Other financial assets Accrued interest receivable Total

(iv) Analisa umur pinjaman dan piutang yang sudah jatuh tempo tetapi tidak mengalami penurunan nilai.

(iv) Aging analysis of past due but not impaired loans and receivables.

Pada tanggal 31 Desember 2012, Bank memiliki pinjaman dan piutang yang telah jatuh tempo tetapi tidak mengalami penurunan nilai sebesar Rp 13.816.696.791. Namun, untuk pinjaman dan piutang yang telah jatuh tempo tetapi tidak mengalami penurunan nilai tersebut telah diselesaikan oleh nasabah pada tanggal 2 Januari 2013.

As of December 31, 2012, the Bank‟s loans and receivables that are past due but not impaired amounted to Rp 13,816,696,791. This amount has been settled by the debtor on January 2, 2013.


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(v)


Kredit direstruktur yang akan jatuh tempo atau mengalami penurunan nilai.

(v) Restructured loans that would otherwise be past due or impaired.

Pembiayaan yang diberikan yang dinegosiasi ulang/direstrukturisasi adalah kondisi dimana Bank sebagai pihak pemberi jaminan memberikan keringanan pada pihak peminjam yang mengalami kesulitan. Pembiayaan yang diberikan yang telah dinegosiasi ulang/direstrukturisasi dalam 12 bulan terakhir yang seharusnya telah jatuh tempo atau mengalami penurunan nilai sebesar Rp 15.989.442.000 pada tanggal 31 Desember 2012.

Renegotiated/restructured loans are conditions where the Bank as the lender provide relief to borrowers who are experiencing difficulties. Loans that have been renegotiated/ restructured in the past 12 months that would otherwise have been past due or impaired amounted to Rp 15,989,442,000 as of December 31, 2012.

(vi) Agunan

(vi) Collateral

Bank telah mengimplementasikan kebijakan untuk memitigasi risiko kredit, termasuk meminta agunan sebagai jaminan pelunasan kredit dan menjadikannya sebagai pilihan kedua jika kewajiban kontraktual tidak terpenuhi. Jenis agunan yang dapat diterima untuk kredit modal kerja dan investasi dalam rangka memitigasi risiko kredit diantaranya adalah kas dan/atau blokir rekening, Standby Letter of Credit, Letter of Guarantee, tanah dan/atau bangunan, mesin, kendaraan bermotor, piutang dagang, bahan baku/barang dagangan (persediaan), saham atau surat berharga lainnya. Perkiraan nilai wajar dari agunan yang digunakan oleh Bank didasarkan pada nilai agunan yang dinilai oleh penilai internal maupun eksternal.

The Bank has implemented policies to mitigate credit risk, which include taking collaterals as a guarantee for loan repayment and making it the second way out if contractual obligations are not met. The type of collateral accepted for working capital and investment loans to mitigate credit risk include cash deposited with the Bank, Standby Letter of Credit, Letter of Guarantee, land and/or building, machinery, vehicles, accounts receivable, raw materials/inventories, stocks or other securities. The fair value of collateral is assessed based on internal and/or external appraisals.

Meskipun agunan pada dasarnya adalah unsur pendukung dan bukan merupakan unsur utama dalam hal pembayaran kembali kredit, namun sebagai salah satu upaya penerapan prinsip kehatian-hatian dalam penyaluran kredit oleh Bank maka penerimaan agunan yang kuat dan bernilai menjadi pertimbangan utama dalam setiap keputusan pemberian kredit, dengan demikian fungsi penyaluran dana oleh Bank dapat dilaksanakan dengan baik.

Although collateral is basically a supporting element and is not a major element in terms of repayment of credit, but as one of the implementation of prudential principle of granting credit by the Bank, so the acceptable of strong and worth collateral being major consideration in any decision granting credit, thus the function of distributing the funds by the Bank can be implemented well.

Untuk menghindari Bank dari kerugian yang terjadi akibat agunan yang diterima oleh Bank kehilangan atau rusak karena adanya bencana seperti kebakaran, gempa bumi, banjir dan yang lainnya, maka Bank mempersyaratkan objek yang menjadi agunan harus ditanggung oleh perusahaan asuransi sehingga apabila terjadi bencana yang menimpa objek agunan, pihak asuransi akan mengganti kerugian yang timbul atas bencana tersebut dan nilai objek agunan tidak akan mengalami penurunan.

To prevent the Bank from losses due to collateral accepted by the Bank lost or damaged due to disaster such as fire, earthquake, flood and more, the Bank requires the object being collateral to be borne by insurance companies so that in the event of a disaster, the insurance companies will replace those loss and the value of collateral objects will not decline.

RISIKO LIKUIDITAS

LIQUIDITY RISK

Risiko likuiditas adalah risiko akibat ketidakmampuan Bank untuk memenuhi kewajiban keuangan yang jatuh tempo dari sumber pendanaan arus kas dan/atau dari aset likuid berkualitas tinggi yang dapat diagunkan, tanpa mengganggu aktivitas dan kondisi keuangan Bank.

Liquidity risk is the risk that arises because of Bank‟s inability to meet the financial liability that is due from cash flow funding source and/or from high quality liquid assets that can be encumbered, without disrupting Bank‟s activity and financial condition.

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171



Ketidakmampuan memperoleh sumber pendanaan arus kas sehingga menimbulkan risiko likuiditas dapat disebabkan antara lain oleh:

The inability to obtain cash flow funding source which gives rise to liquidity risk can be caused by, among others:



ketidakmampuan menghasilkan arus kas yang berasal dari aset produktif maupun yang berasal dari penjualan aset termasuk aset likuid; dan/atau



The inability to generate cash flow from earning assets or from asset sales including liquid assets; and/or



ketidakmampuan menghasilkan arus kas yang berasal dari penghimpunan dana, transaksi antar Bank, dan pinjaman yang diterima.



The inability to generate cash flow from fund raising, inter-bank transactions, and the borrowings.

Bank senantiasa menjaga ketersediaan dana dan likuiditas harian secara konsisten untuk menjamin kebutuhan likuiditas terpenuhi. Ketersediaan dana secara konsolidasian (semua jenis mata uang) per posisi 31 Desember 2012 sebesar Rp 3.779.773 juta atau setara dengan 68,88% dibandingkan dengan total dana pihak ketiga dan 32,18% dibandingkan dengan total aset. Sedangkan rasio aset likuid (primer dan sekunder) dibandingkan total dana pihak ketiga dan total aset masing-masing sebesar 23,71% dan 11,08%.

The Bank always maintains the available fund and daily liquidity consistently in order to assure liquidity needs are met. The consolidated available fund (all currencies) as of December 31, 2012 amounted to Rp 3,779,773 million or equivalent to 68.88% compared to the total third-party funds and 32.18% compared to total asset. Meanwhile, the liquid asset ratios (primary and secondary) compared to the total third-party funds and total asset are 23.71% and 11.08%, respectively.

Bank menggunakan beberapa alat pengukuran risiko likuiditas seperti rasio likuiditas, profil maturitas, proyeksi arus kas dan stress testing untuk mengetahui seberapa besar risiko yang dihadapai oleh Bank termasuk dalam menentukan limit yang harus dijaga.

Bank takes several liquidity risk measurement methods such as liquidity ratio, maturity profile, cash flow projection and stress testing to derive how high the risk faced by the Bank is, including in determining the limit to be maintained.

Bank menggunakan metodologi profil maturitas untuk mengestimasi potensi risiko likuiditas yang akan dihadapi Bank di masa mendatang, baik kondisi defisit maupun surplus dan mengembangkan indikator peringatan dini untuk mengantisipasi terjadinya guncangan terhadap kondisi likuiditas Bank.

The Bank takes maturity profile methodology to estimate the potentials of liquidity risk to be faced in the future, either in deficit or surplus position, and develop early warning indicators to anticipate shock to Bank‟s liquidity condition.

Untuk mengetahui kemampuan Bank dalam menghadapi berbagai situasi, Bank melakukan analisa skenario likuiditas, yang mencakup skenario kondisi normal dan tidak normal termasuk kondisi ekstrim atau krisis dengan melakukan stress testing yang dilengkapi dengan penyusunan rencana kontinjensi.

In order to know the Bank‟s ability in facing various situations, the Bank conducts liquidity scenario analysis, comprising normal condition and abnormal condition scenarios including extreme or critical conditions by running stress testing equipped by contingency planning.

Kondisi krisis mencakup kondisi krisis bank secara khusus (specific bank crisis) dan krisis pasar secara umum (general market crisis). Sesuai dengan rencana kontinjensi tersebut, untuk kondisi bank secara khusus, Bank dapat memenuhi kebutuhan likuiditas melalui pinjaman (seperti bilateral funding, reciprocal term loan facility, secured line facility agreement, foreign exchange swap), dan pricing dana pihak ketiga. Sedangkan untuk kondisi krisis pasar secara umum, misalnya krisis pasar secara regional, Bank memenuhi kebutuhan likuiditas melalui standby facility dari perusahaan induk (Resona Bank, Jepang) sedangkan untuk krisis pasar secara global, maka Bank memenuhi kebutuhan likuiditasnya melalui fasilitas likuiditas dari Bank Indonesia dengan kualitas aset yang dimiliki oleh Bank.

Critical condition comprises specific bank crisis and general market crisis. In line with such contingency planning, for specific bank crisis the Bank can meet its liquidity needs through borrowing (such as bilateral funding, reciprocal term loan facility, secured line facility agreement, foreign exchange swap), and third-party fund pricing. As for general market crisis, such as regional market crisis, the Bank meets the liquidity needs through standby facility from the holding company (Resona Bank, Japan), as for global market crisis, the Bank meets its liquidity needs through liquidity facility from Bank Indonesia according to the quality of assets owned by the Bank.


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Bank menerapkan prosedur tertentu dalam mengelola dan memantau risiko likuiditas untuk meminimalkan kemungkinan ketidakmampuan Bank dalam memperoleh sumber pendanaan arus kas, antara lain dengan cara:

Bank implements certain procedures in managing and overseeing liquidity risk to minimize the possibility of Bank‟s inability to obtain cash flow funding source, among others by:



Kebijakan manajemen likuiditas Bank telah menetapkan tanggung jawab, pendekatan manajemen dan strategi yang diambil untuk memastikan kecukupan likuiditas yang harus dipelihara dalam memenuhi kewajiban Bank secara kontraktual atau berdasarkan aturan.



Bank‟s liquidity management policy sets out the responsibility, management approach and strategy to be taken to assure the adequacy of liquidity to be maintained to meet Bank‟s contractual liability or pursuant to regulation.



Melakukan identifikasi dan analisis terhadap seluruh sumber risiko likuiditas meliputi produk dan aktivitas perbankan yang dapat mempengaruhi sumber dan penggunaan dana, baik pada posisi aset dan liabilitas maupun rekening administratif dan risiko-risiko lain yang dapat meningkatkan risiko likuiditas, misalnya risiko kredit, risiko pasar, dan risiko operasional.



Identifying and analysing all the liquidity risk sources which comprise banking product and activities that can affect fund source and usage, either in asset or liability positions and administrative accounts as well as other risks that may elevate liquidity risks, such as credit risk, market risk and operational risk.



Bank menetapkan dan memantau batasanbatasan tertentu untuk memastikan agar tingkat likuiditas yang optimal terjaga.



Bank sets out and monitors certain limits to assure that optimum liquidity level is maintained.



Posisi likuiditas harian diawasi dan stress testing likuiditas dilakukan secara teratur dengan berbagai variasi skenario baik dalam kondisi pasar normal dan maupun tidak normal (krisis). Semua kebijakan mengenai likuiditas termasuk prosedurnya harus di tinjau ulang dan mendapat persetujuan dari Komite Manajemen Risiko.



Daily liquidity level is watched and liquidity stress testing is run regularly under scenario variations either in normal market condition or crisis. All the policies regarding liquidity including the procedure must be reviewed and approved by Risk Management Committee.



Bank masih mengandalkan deposito dari nasabah dan bank lain sebagai sumber utama pendanaan yang umumnya memiliki jatuh tempo lebih pendek dan sebagian besar harus dikembalikan berdasarkan permintaan. Sifat jangka pendek dari simpanan tersebut meningkatkan risiko likuiditas Bank dan Bank secara aktif mengelola risiko ini dengan memelihara harga yang kompetitif dan senantiasa memantau tren pasar.



Bank still relies on time-deposit from customers and other banks as main source of funding which are generally due earlier and mostly have to be repaid upon request. The short-term nature of such saving elevates Bank‟s liquidity risk and Bank actively manages this risk by maintaining competitive price and monitor market trend consistently.



Bank telah menetapkan rencana pendanaan darurat bilamana Bank mengalami kesulitan likuiditas yang direview secara berkala baik mengenai pendekatan dan strategi yang akan diambil, maupun rencana tindak manajemen bank pada situasi krisis likuiditas.



The Bank has set out emergency funding plan in the event the Bank undergoes liquidity difficulties as regularly reviewed from the aspects of approach and strategy to be taken, or the plan of bank‟s management measures under liquidity crisis situation.

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173



Eksposur terhadap risiko likuiditas

Exposures to liquidity risk

Bank mengukur dan memantau risiko likuiditas melalui analisis perbedaan jatuh tempo likuiditas dan rasio-rasio likuiditas. Salah satu rasio likuiditas adalah rasio dari aset lancar terhadap liabilitas lancar. Pada tanggal 31 Desember 2012 dan 2011, rasio dari aset lancar terhadap kewajiban lancar adalah sebagai berikut:

Bank measures and oversees liquidity risk by analyzing the gap of liquidity maturity and liquidity ratios. One of liquidity ratios is ratio of liquid assets to liquid liabilities. As of 31 December 2012 and 2011, the ratios of liquid assets to liquid liabilities are as follows:

2012 Rp Kas Giro, Sertifikat Bank Indonesia dan penempatan Bank Indonesia lainnya Giro pada bank lain dan penempatan pada bank lain dikurangi dengan simpanan dari bank lain Jumlah aset lancar bersih Simpanan

2011 Rp

18.079.790.314

22.964.448.810

1.955.908.846.749

1.655.544.330.812

261.126.283.798

756.847.615.105

2.235.114.920.861 5.433.416.230.809

2.435.356.394.727 4.927.910.025.023

41,14%

49,42%

Rasio

Cash Demand deposits, BI Certificate and other Bank Indonesia placements Demand deposit with other banks and placement with other banks less deposits from other banks Total net liquid assets Deposits Ratio

Analisa Jatuh Tempo untuk Liabilitas Keuangan

Maturity Analysis for Financial Liabilities

Pengelompokkan jatuh tempo untuk liabilitas keuangan berdasarkan sisa jatuh tempo kontrak dari tanggal pelaporan. Untuk aset keuangan dimana pihak lawan memiliki pilihan kapan suatu jumlah dibayarkan, maka liabilitas dialokasikan pada periode paling awal di mana entitas dapat disyaratkan untuk membayar.

The maturity grouping of financial liabilities is based on the remaining contractual maturity from the reporting date. For financial liabilities where the counterparty has a choice of when the amount is to be settled, the liability is allocated to the earliest period in which the Bank can be required to pay.

Selanjutnya, liabilitas keuangan tingkat bunga mengambang menggunakan kurva suku bunga yang tersedia pada akhir periode pelaporan untuk memproyeksikan arus kas bunga.

Furthermore, floating rate financial liabilities uses interest curve existing at the end of reporting period to project interest cash flows.

Table dibawah menunjukkan profil jatuh tempo liabilitas keuangan Bank berdasarkan arus kas kontraktrual tidak terdiskonto:

The table below shows the maturity profile of the Bank‟s financial liabilities based on the contractual undiscounted cash flows:

> 1 bulan s/d 3 bulan/ > 1 month 3 months


Liabilitas keuangan Tanpa suku bunga: Liabilitas segera Liabilitas derivatif Liabilitas akseptasi Liabilitas lain-lain

Rp

> 3 bulan s/d 12 bulan/ > 3 months 12 months

2012

Rp

> 1 tahun s/d 5 tahun/ > 1 year 5 years

> 5 tahun/ > 5 years

Rp

Jumlah/ Total

Rp

Rp

Financial liabilities Non-interest bearing Liabilities payable immediately Derivative payables Acceptance payables Other liabilities

75.980.828.870 3.933.289.663 103.370.877.410 -

3.702.635.997 62.227.549.235 246.349.656

188.035.587 31.616.080.222 -

588.800.000

-

75.980.828.870 7.823.961.247 197.214.506.867 835.149.656

Suku bunga variabel: Simpanan Pinjaman yang diterima Biaya yang masih harus dibayar

2.838.278.582.577 15.996.670.500 1.324.417.453

289.140.000.000 3.599.521.273

1.236.813.216.500 16.638.715.563

528.774.413.000 5.249.598.415

240.950.000 -

2.838.278.582.577 2.070.965.250.000 26.812.252.704

Variable interest rate Deposits Borrowings Accrued expenses

Suku bunga tetap: Simpanan Simpanan dari bank lain Pinjaman yang diterima Surat berharga yang diterbitkan Biaya yang masih harus dibayar

2.148.679.410.443 847.900.018.785 325.987.083.850 25.332.627.147

341.872.689.300 13.827.069.536

104.585.548.489 5.405.197.200 300.000.000.000 59.824.616.708

252.588.593.200 300.000.000.000 65.204.036.560

-

2.595.137.648.232 847.900.018.785 583.980.874.250 600.000.000.000 164.188.349.951

Fixed interest rate: Deposits Deposits from other banks Borrowings Securities issued Accrued expenses

Sub jumlah

6.386.783.806.698

714.615.814.997

1.755.071.410.269

1.152.405.441.175

240.950.000

10.009.117.423.139

Liabilitas komitmen Fasilitas kredit kepada nasabah yang belum digunakan Irrevocable letters of credit

12.062.185.807 52.939.866.986

9.594.671.449 125.038.557.336

89.974.242.643 12.750.080.708

-

-

111.631.099.899 190.728.505.030

Sub jumlah liabilitas komitmen

65.002.052.793

134.633.228.785

102.724.323.351

-

-

302.359.604.929

Sub total commitment liabilities

Liabilitas kontinjensi Bank garansi yang diterbitkan

30.642.921.060

64.562.212.042

81.655.808.341

10.270.824.234

-

187.131.765.677

Contingent liabilities Bank guarantees issued Sub total contingent liabilities

Sub jumlah liabilitas kontinjensi Jumlah


Sub total Commitment liabilities

30.642.921.060

64.562.212.042

81.655.808.341

10.270.824.234

-

187.131.765.677

6.482.428.780.551

913.811.255.824

1.939.451.541.961

1.162.676.265.409

240.950.000

10.498.608.793.745

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Unused credit facilities granted Irrevocable letters of credit

Total




RISIKO PASAR

MARKET RISK

Risiko pasar adalah risiko pada laporan keuangan dan rekening administratif termasuk transaksi derivatif, akibat perubahan secara keseluruhan dari kondisi pasar, termasuk risiko perubahan harga option.

Market risk is the risk at the statement of financial position and off-balance sheet accounts including derivative transaction, due to overall change of market condition, including the risk of option price change.

Risiko pasar meliputi antara lain risiko suku bunga, risiko nilai tukar, risiko ekuitas, dan risiko komoditas. Risiko suku bunga, risiko nilai tukar, dan risiko komoditas dapat berasal baik dari posisi trading book maupun posisi banking book. Sedangkan risiko ekuitas berasal dari posisi trading book.

Market risk comprises interest rate risk, exchange rate risk, equity risk and commodity risk. Interest rate, exchange rate risk and commodity risk can be derived from both the trading book position and the banking book position. Meanwhile, the equity risk is derived from trading book position

Namun demikian, penerapan manajemen risiko untuk risiko ekuitas dan komoditas hanya wajib diterapkan oleh bank yang melakukan konsolidasian dengan entitas anak. Dan untuk posisi data 31 Desember 2012, Bank hanya memiliki risiko pasar untuk risiko suku bunga dan risiko nilai tukar saja.

However, risk management implementation for equity and commodity risks are only obligatory for banks which consolidates with its subsidiaries. As of December 31, 2012, the Bank has only market risk exposure for interest rate and exchange rate.

Tujuan utama Bank mengelola risiko pasar adalah untuk meminimalkan kemungkinan dampak negatif akibat perubahan kondisi pasar terhadap aset dan permodalan Bank.

The Bank‟s main objective of managing market risk is to minimize the possibility of negative impact due to market condition change on the Bank‟s assets and capital.

Dalam mengukur risiko pasar, selain menggunakan metode standard (standardized approach) sebagaimana diatur dalam peraturan Bank Indonesia yang berlaku, Bank juga menggunakan metode pengukuran internal (internal measurement approach) untuk menghitung Value at Risk (VaR) risiko pasar dengan historical simulation yang diperuntukkan untuk kebutuhan internal Bank. Adapun asumsiasumsi yang digunakan dalam menghitung VaR adalah sebagai berikut:

In measuring market risk, the Bank uses standardized approach as stipulated in the prevailing Bank Indonesia regulations and also an internal measurement approach to calculate Value at Risk (VaR) of market risk using the historical simulation which is addressed to Bank‟s internal need. The following assumptions used to calculate VaR are as follows:

 Mata uang dasar adalah Rupiah.  Tingkat kepercayaan yang digunakan adalah 99%.  Tail smoothing menggunakan Linear Interpolation.  Holding period yang digunakan 10 hari.

 Base currency is Indonesian Rupiah.  99% confidence level.

Bank menerapkan prosedur-prosedur tertentu dalam mengelola dan memantau risiko pasar, antara lain:

The Bank implements certain procedures in managing and overseeing market risk, including:

 Tail smoothing using linear interpolation  10 days-holding period



Memantau Posisi Devisa Neto (PDN) dengan menetapkan soft limit sebesar 90% x 20% x modal Bank, untuk memastikan bahwa Bank tidak melampaui limit PDN



Monitoring Net Open Position (NOP) by setting the soft limit to 90% x 20% x Bank‟s capital, to assure that Bank does not exceed the net open position.



Menyiapkan laporan repricing profile untuk memantau dampak tingkat suku bunga terhadap gap position, termasuk laporan maturity/repricing schedule untuk memantau basis risk dan repricing risk terhadap pendapatan bunga bersih (net interest income) dan nilai ekonomis bank (economic value of equity).



Preparing repricing profile report to monitor the effects of interest rate on position gap, including maturity report/repricing schedule to monitor basis risk and repricing risk against net interest income and economic value of equity.

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175





Melakukan rekonsiliasi posisi baik untuk pricing suku bunga maupun pengendalian akurasi keuntungan dan kerugian transaksi, yang dikelola dan dicatat dalam sistem informasi manajemen.



Performing position reconciliation both for interest rate pricing and control of transaction profit and loss accuracy, managed and recorded in management information system.



Menetapkan dan memantau dealer limit, counter party line limit, dan limit per time bucket/band.



Implementing and monitoring dealer limit, counterparty line limit and per time bucket/band limit.



Memonitor kontrak transaksi hingga jatuh tempo dan melakukan penilaian kembali kredibilitas counterparty serta mencegah penempatan yang terkonsentrasi.



Monitoring transaction contract until maturity and reassessing counterparty‟s credibility as well as preventing concentrated placement.



Menetapkan transaksi valuta asing dan pasar uang yang diperkenankan.



Setting the allowable exchange transaction and money market.



Melindungi nilai keuntungan dalam denominasi valuta asing dan biaya keuntungan/kerugian terhadap pergerakan yang berlawanan dari kurs valuta asing.



Protecting profit in foreign currency denomination and profit/loss cost against opposing movement of foreign currency.



Memantau potensi tingkat kerugian (value at risk) per holding period dan pada tingkat kepercayaan tertentu.



Monitoring value at risk per holding period and at certain confidence level.



Melakukan pemantauan terhadap kewajaran harga (suku bunga dan nilai tukar) terhadap harga pasar yang berlaku



Monitoring fairness price (interest rate and exchange rate) compared to prevailing market price.



Melakukan stress testing berdasarkan kejadian berdasarkan skenario historis maupun pergerakan harga pasar yang ekstrim untuk memastikan kecukupan alokasi modal.



Running stress test based on historical events and extreme market price movement scenario to assure capital allocation adequacy.

1.

Risiko nilai tukar

1. Exchange rate risk

rate

Bank menghadapi risiko mata uang melalui transaksi dalam mata uang asing. Bank memantau setiap risiko konsentrasi dalam kaitannya dengan mata uang individu yang kemudian dihubungkan dengan penjabaran transaksi mata uang asing dan aset dan liabilitas moneter dalam mata uang fungsional, yaitu Rupiah.

The Bank faces currency risk in the transactions in foreign currency. The Bank monitors every concentration risk in relation to individual currency, which is then connected with the translation of the foreign currency transaction and assets as well as monetary liability in functional currency, i.e. Rupiah.

Posisi valuta asing bersih dengan mata uang utama pada tanggal 31 Desember 2012 dan 2011 seperti terlihat pada tabel berikut ini dihitung berdasarkan ketentuan Bank Indonesia yang berlaku. Sesuai dengan peraturan, setiap bank diwajibkan untuk memelihara agregat dan keseimbangan posisi devisa neto maksimum 20% dari modal.

The foreign currency net position against major currencies as of December 31, 2012 and 2011 is shown in the table below, calculated pursuant to the prevailing Bank Indonesia‟s provisions. In line with the regulation, every bank is required to maintain its aggregate and balance of net open position of maximum 20% of the capital.


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Sensitivitas nilai tukar

Foreign exchange (forex) sensitivity

Analisa sensitifitas nilai tukar diukur dengan kemampuan ekses modal Bank untuk menyerap kerugian potensial dari nilai tukar yaitu membuat asumsi perubahan/fluktuasi nilai tukar yang berlawanan arah dengan masingmasing posisi nilai tukar. Fluktuasi nilai tukar dipilih yang lebih tinggi antara asumsi fluktuasi masing-masing nilai tukar sebesar 15% atau fluktuasi berdasarkan data historis selama setahun kebelakang. Pada tahun 2012 dan 2011 ekses modal Bank mampu menutup risiko nilai tukar masing-masing sebesar 164 kali dan 1.324 kali. Hal ini disebabkan karena posisi devisa neto Bank yang sangat rendah sedangkan ekses modal Bank yang tinggi, sehingga Bank dinilai sangat tidak rentan terhadap pergerakan nilai tukar.

Foreign exchange (forex) sensitivity analysis is measured by the ability of the Bank‟s excess capital to absorb potential forex losses by assuming that forex fluctuation will go adversely to each forex position. The forex fluctuation chosen is the higher of assumed forex fluctuation for each exchange rate of 15% or historical data for one year. In 2012 and 2011, the Bank‟s excess capital was able to cover potential loss from forex risk 164 times and 1,324 times, respectively. This was because the Bank held a very low net open position, while its excess capital was very high; thus, the Bank is considered very unsusceptible to forex movements.

Berdasarkan Peraturan Bank Indonesia (PBI) No. 5/13/PBI/2003 tanggal 17 Juli 2003, yang telah diubah dengan PBI No. 6/20/PBI/2004 tanggal 15 Juli 2004 dan diubah lagi dengan PBI No. 7/37/PBI/2005 tanggal 30 September 2005 dan yang terakhir dengan PBI No.12/10/PBI/2010 tanggal 1 Juli 2010, Bank wajib mengelola dan memelihara posisi devisa netonya setinggi-tingginya 20% dari modal termasuk posisi devisa neto setiap 30 menit sejak sistem treasuri Bank dibuka sampai dengan sistem treasuri Bank ditutup. Berdasarkan pedoman Bank Indonesia, “posisi devisa neto” merupakan penjumlahan dari nilai absolut atas selisih bersih aset dan kewajiban untuk setiap mata uang asing dan selisih bersih tagihan dan kewajiban, berupa komitmen dan kontinjensi di rekening administratif, untuk setiap mata uang, yang semuanya dinyatakan dalam Rupiah.

Pursuant to Bank Indonesia Regulation (PBI) No. 5/13/PBI/2003 dated July 17, 2003, as amended by PBI No. 6/20/PBI/2004 dated July 15, 2004 and then by PBI No. 7/37/PBI/2005 dated 30 September 2005 and the latest by PBI No. 12/10/PBI/2010 dated July 1, 2010, the Bank shall manage and maintain the net open position of maximum 20% of the capital including net open position every 30 minutes from the opening of the system to the closing of the Bank‟s treasury system. According to Bank Indonesia guidelines, "net open position" is the sum of the absolute value of the net difference between assets and liabilities for each foreign currency and the net difference between the receivables and payables, in the form of commitments and contingencies at the administrative accounts, for each currency, which are all expressed in Rupiah.

Berikut rincian Posisi Devisa Netto Bank:

The following is the Bank‟s Net Foreign Exchange Position:

Mata uang/Currency Dollar Amerika Serikat/ United States Dollar Poundsterling Inggris/ British Poundsterling Yen Jepang/ Japanese Yen Dollar Hongkong/ Hongkong Dollar Dollar Australia/ Australian Dollar Euro/Euro Dollar Singapura/ Singapore Dollar Baht Thailand Thailand Baht/ Franc Swiss/ Swiss Franc Jumlah/Total

Aset dan tagihan rekening administratif/ Assets and administrative asset accounts Mata uang asing/ Ekuivalen (Rp)/ Foreign currency Equivalent in Rp 563.784.263

2012 Liabilitas dan liabilitas rekening administratif/ Liabilities and administrative liability accounts Mata uang asing/ Ekuivalen (Rp)/ Foreign currency Equivalent in Rp

5.433.752.729.685

562.733.273

14.658

227.413.595

6.240.918.258

697.547.433.696

-

5.546

6.894.237

10.127 3.500.045

101.343.791 44.562.578.033

1.306 3.500.994

1.580.508

12.452.820.641

12.629.728

3.978.364.364

19.965

210.345.972

5.423.623.288.451

1.050.990

10.129.441.234

14.658

227.413.595

17.815.904

1.991.283.589

5.546

6.894.237

13.067.841 44.574.657.645

8.821 949

88.275.950 12.079.612

1.580.329

12.451.408.961

179

1.411.680

11.516.553

3.627.714.050

1.113.175

350.650.314

19.965

210.345.972

6.258.734.162 -

-

6.192.839.924.014

-

Bersih - absolut/Net absolute Mata uang asing/ Ekuivalen (Rp)/ Foreign currency Equivalent in Rp

699.538.717.285 -

6.183.828.854.233

Modal/Total Capital

13.017.796.183 1.608.266.853.818

*) Persentase PDN terhadap modal/Percentage of NOP to Capital

0,81%

- 94 -



177


Mata uang/Currency Dollar Amerika Serikat/ United States Dollar Poundsterling Inggris/ British Poundsterling Yen Jepang/ Japanese Yen Dollar Hongkong/ Hongkong Dollar Dollar Australia/ Australian Dollar Euro/Euro Dollar Singapura/ Singapore Dollar Baht Thailand Thailand Baht/ Franc Swiss/ Swiss Franc

Aset dan tagihan rekening administratif/ Assets and administrative asset accounts Mata uang asing/ Ekuivalen (Rp)/ Foreign currency Equivalent in Rp 563.111.202

5.106.292.383.092

P.T. BANK RESONA PERDANIA AND ITS SUBSIDIARY NOTES TO CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEARS ENDED DECEMBER 31, 2012 AND 2011 (Continued) 2011 Liabilitas dan liabilitas rekening administratif/ Liabilities and administrative liability accounts Mata uang asing/ Ekuivalen (Rp)/ Foreign currency Equivalent in Rp 563.745.955

6.335

88.533.023

4.340.011.931

507.000.193.778

17.608

20.548.268

30.824 528.337

283.767.309 6.189.470.298

24.577 527.881

1.623.772

11.340.426.930

2.487.604 18.807

Jumlah/Total

-

5.112.048.315.951 -

Bersih - absolut/Net absolute Mata uang asing/ Ekuivalen (Rp)/ Foreign currency Equivalent in Rp 634.753

5.755.932.859

6.335

88.533.023

96.466.456

11.269.211.385

17.608

20.548.268

226.257.887 6.184.127.321

6.247 456

57.509.422 5.342.977

1.616.571

11.290.132.423

7.201

50.294.507

716.429.848

1.046.122

301.283.145

1.441.482

415.146.703

181.149.891

-

-

18.807

181.149.891

4.436.478.387 -

5.632.112.902.437

518.269.405.163 -

5.648.319.521.890

Modal/Total Capital

17.843.669.035 1.432.890.142.114

*) Persentase PDN terhadap modal/Percentage of NOP to Capital

2.

1,25%

*) Sesuai dengan peraturan Bank Indonesia, perhitungan persentase Posisi Devisa Neto terhadap modal menggunakan modal bulan sebelumnya.

*) According to Bank Indonesia regulations, the previous month‟s capital should be used in the calculation of the percentage of Net Open Position to Capital.

Batas nilai (absolut) Posisi Devisa Neto yang diperkenankan pada tanggal 31 Desember 2012 dan 2011 masing-masing sebesar Rp 321.653 juta dan Rp 286.578 juta. Pada tanggal 31 Desember 2012 dan 2011 tidak terdapat pelampauan dari batas nilai (absolut) yang diperkenankan oleh Bank Indonesia.

The maximum limit of Net Open Position (absolute) as of December 31, 2012 and 2011 amounted to Rp 321,653 million and Rp 286,578 million, respectively. The Bank‟s Net Open Position as of December 31, 2012 and 2011 did not exceed the maximum limit allowed by Bank Indonesia.

Persentase Posisi Devisa Neto terhadap modal pada tanggal 31 Desember 2012 dan 2011 menggunakan modal pada tanggal yang sama masing-masing sebesar 0,80% dan 1,23%.

The percentages of Net Open Position to capital as of December 31, 2012 and 2011 using capital as of the same dates are 0.80% and 1.23%, respectively.

Risiko Suku Bunga

2. Interest Rate Risk

Risiko suku bunga dalam banking book adalah potensi kerugian yang timbul akibat pergerakan suku bunga di pasar berlawanan dengan posisi bank yang mengandung risiko suku bunga khususnya posisi buku bank terhadap potensi profitabilitas bank (earning perspective) yang bersifat jangka pendek (kurang dari 1 tahun) maupun nilai ekonomis dari ekuitas bank (economic value perspective) yang bersifat jangka panjang (lebih dari 1 tahun).

Interest rate risk in the banking book is the potential loss arising from movements in interest rates in the market opposing the bank‟s position that contains interest rate risk, especially banking book position against the short term (less than 1 year) potential profitability of banks (earnings perspective) and long term (more than 1 year) economic value perspective.

Kegiatan operasional Bank akan terpapar risiko pergerakan suku bunga apabila aset produktif (termasuk investasi) dan liabilitas yang sensitif terhadap suku bunga jatuh tempo atau direprice pada waktu yang berbeda atau dalam jumlah yang berbeda. Dalam hal aset dan liabilitas suku bunga mengambang, Bank juga menghadapi basis risk, yaitu perbedaan dari proses repricing terhadap berbagai tingkat suku bunga acuan mengambang, seperti suku bunga deposito, SBI enam bulan, JIBOR satu bulan, SIBOR enam bulan dan berbagai jenis suku bunga.

Bank‟s operations will be exposed to the risk of interest rate movements if earning assets (including investments) and liabilities that are sensitive to maturity interest rate or are repriced at different times or in different amounts. In terms of assets and liabilities of floating rate, the Bank also faces a basis risk, i.e. the difference between the repricing and various floating rate benchmark, such as deposit rates, six-month SBI, one month JIBOR, six-month SIBOR and various types of interest rates.


- 95 -




Kegiatan manajemen risiko dimaksudkan untuk mengoptimalkan pendapatan bunga bersih, sehingga tingkat bunga pasar konsisten dengan strategi bisnis Bank.

Risk management activities are intended to optimize net interest income, so the market interest rate is consistent with the Bank's business strategy

Untuk meminimalkan dampak perubahan suku bunga terhadap pendapatan Bank, Bank berupaya mengurangi kesenjangan antara risiko aset sensitif (RSA) dan risiko liabilitas sensitif (RSL). Jika suku bunga bergerak secara paralel pada aset dan pada liabilitas, Bank tidak terlalu terkena risiko suku bunga.

To minimize the impact of changes in interest rates on bank earnings, the Bank seeks to reduce the gap between risk sensitive assets (RSA) and risk sensitive liabilities (RSL). If interest rates move in parallel with the assets and liabilities, the Bank is not too much exposed to interest rate risk.

RSA Bank didominasi oleh kredit dan penempatan pada Bank Indonesia, dan RSL didominasi oleh dana pihak ketiga (giro dan deposito berjangka).

Bank‟s RSA is dominated by loan and placements in Bank Indonesia, and RSL is dominated by the third party funds (demand deposits and time deposits).

Repricing profile aset dan liabilitas Bank yang sensitif terhadap suku bunga dan diurutkan berdasarkan rentang waktu suku bunga tersebut akan di-repricing (untuk floating rate) atau tanggal jatuh temponya (untuk fixed rate) dijelaskan pada Catatan 37.

Repricing profile of the assets and liabilities that were sensitive to interest rate sorted according to its periodic repricing for floating rates and by its tenor for fixed rates is described in Note 37.

Sensitivitas Suku Bunga

Interest rate sensitivity

Dalam pengelolaan risiko suku bunga, Bank menggunakan metodologi repricing schedule/gap report yang digunakan untuk menggambarkan besarnya eksposur risiko suku bunga, sedangkan untuk mengukur sensitivitas pendapatan (Net Interest Income Sensitivity / NII Sensitivity) akibat pergerakan suku bunga, Bank melakukan simulasi dengan skenario kenaikan dan penurunan suku bunga (rate shock) secara parallel shift sebesar 100 basis points (bps) tetap untuk semua periode waktu.

In managing interest rate risk, the Bank is using a repricing schedule/gap report to describe the level of interest rate risk exposure, while to measure the sensitivity of earnings (Net Interest Income Sensitivity/NII Sensitivity) due to movements in interest rates, Bank simulates the scenario of volatile interest rates (rate shock) in parallel shift with fix rate 100 basis points (bps) for all time bucket.

Tabel berikut menyajikan dampak dari kemungkinan perubahan tingkat suku bunga terhadap laba sebelum pajak.

The following table setforth the impact of reasonable possible changes in the interest rates on profit (loss) before tax. 2012

Kenaikan/(penurunan pada basis poin/Increase (decrease) in basis points

Asumsi pergerakan suku bunga

Sensitivitas dari laba (rugi) sebelum pajak 2012/Sensitivity of profit (loss) before tax for 2012 Rp

+100 bps -100 bps

36.729.920.574 (36.729.920.574)

- 96 -


Assumption of parallel shift interest rate


179



Analisa sensitifitas suku bunga diukur dengan kemampuan ekses modal Bank untuk menyerap kerugian potensial dari pergerakan suku bunga, yaitu dengan membuat asumsi perubahan/fluktuasi suku bunga. Fluktuasi suku bunga yang dipilih adalah yang lebih tinggi antara asumsi fluktuasi masing-masing suku bunga laporan posisi keuangan rupiah sebesar 100 bps dan laporan posisi keuangan valas sebesar 100 bps atau fluktuasi berdasarkan data historis selama setahun ke belakang. Pada tahun 2012 dan 2011, ekses modal Bank mampu menutup risiko suku bunga masingmasing sebesar 3,04 kali dan 8,33 kali. Penurunan tersebut terjadi karena adanya perubahan porsi alokasi modal untuk risiko pasar yang semula sebesar 15% di tahun 2011 menjadi 7,5% tahun 2012.

Interest rate sensitivity analysis is measured by the ability of Bank‟s excess capital to absorb potential interest rates movements losses, by making the assumption of changes /fluctuations in interest rates. Fluctuations in interest rate to be chosen is the higher between the fluctuation assumptions of each rupiah statement of financial position interest rate of 100 bps and foreign currency statement of financial position of 100 bps or fluctuations based on historical data from prior year. In 2012 and 2011, excess capital could cover the Bank interest rate risk by 3.04 times and 8.33 times, respectively. The decline occurred because of changes in the portion of capital allocation for market risk, which was originally 15% in 2011 to 7.5% in 2012.

Perubahan alokasi dilakukan mengingat eksposur risiko pasar sangat terbatas, sehingga sebagian alokasi modal untuk risiko pasar dialihkan ke risiko kredit dan risiko lainnya (hukum, reputasi, stratejik, dan kepatuhan).

The allocation changes were made considering that the market risk exposure is very limited, so most of the capital allocation for market risk was transferred to credit risk and other risks (legal, reputation, strategic, and compliance).

Tingginya coverage ekses modal terhadap sensitivitas suku bunga menunjukkan bahwa Bank sangat tidak rentan terhadap pergerakan suku bunga.

The high coverage of excess capital against the sensitivity of interest rates shows that the Bank is not vulnerable to interest rate movements.

Value-at-Risk (VaR)

Value-at-Risk (VaR)

Berikut adalah rangkuman posisi VaR yang berasal dari portofolio trading dan banking book Bank sebagai berikut:

A summary of the VaR position of the trading and banking book portfolio of the Bank is as follows:

2012 Rata-rata/ Average Rp Suku bunga Nilai tukar

64.815.999 6.938.332.627

Tertinggi/ Maximum Rp 310.173.904 15.103.956.058

2011 Terendah/ Minimum Rp

VaR akhir tahun/ Year-End VaR Rp

Rata-rata/ Average Rp

Tertinggi/ Maximum Rp

Terendah/ Minimum Rp

VaR akhir tahun/ Year-End VaR Rp

26.151.903 233.023.536

145.075.740 3.716.145.591

125.807.208 7.196.806.681

430.756.594 15.067.548.846

26.947.799 1.731.073.653

38.469.952 1.731.073.653

Interest rate Foreign exchange

RISIKO OPERASIONAL

OPERATIONAL RISK

Risiko operasional adalah risiko akibat ketidakcukupan dan/atau tidak berfungsinya proses internal, kesalahan manusia, kegagalan sistem, dan/atau adanya kejadian-kejadian eksternal yang mempengaruhi operasional Bank.

Operational risk is the risk due to inadequacy and/or non-functioning of internal processes, human error, system failure, and/or the presence of external events affecting the operations of the Bank.

Risiko operasional dapat bersumber antara lain dari sumber daya manusia (SDM), proses internal, sistem dan infrastruktur, serta kejadian eksternal.

Operational risk can be derived among others from the human resources (HR), internal processes, systems and infrastructure, as well as external events.

Tujuan utama Bank mengelola risiko operasional adalah untuk meminimalkan kemungkinan dampak negatif dari tidak berfungsinya proses internal, kesalahan manusia, kegagalan sistem, dan/atau kejadian-kejadian eksternal.

The main purpose of managing the Bank's operational risk is to minimize the possible negative impact of non-functioning of internal processes, human error, system failure, and/or external events.


- 97 -



Prosedur meliputi:

untuk

mengatasi

risiko


operasional

Procedures to address operational risk include :



Menetapkan kebijakan reward termasuk remunerasi dan punishment yang efektif yang terintegrasi dalam sistem penilaian kinerja dalam rangka mendukung pelaksanaan manajemen risiko yang optimal.

 Establish policies including remuneration rewards and punishments which are effectively integrated in the performance appraisal system in order to support the optimal implementation of risk management.



Memberlakukan kode etik kepada seluruh pegawai pada setiap jenjang organisasi dan menerapkan sanksi secara konsisten kepada pejabat dan pegawai yang terbukti melakukan penyimpangan dan pelanggaran.

 Adopt a code of conduct to all employees at every level of organization and to consistently apply sanctions to the officials and employees who are found guilty of misdemeanor and violations.



Membangun Business Continuity Management (BCM), yaitu proses manajemen (protokol) terpadu dan menyeluruh untuk memastikan kelangsungan operasional Bank dalam menjalankan bisnis dan melayani nasabah.

 Build a Business Continuity Management (BCM), which is the integrated and comprehensive management process (protocol) to ensure continuity of operations of the Bank in conducting business and serving customers.



Memastikan bahwa Bank telah menerapkan kebijakan prinsip mengenal nasabah dengan melakukan Customer Due Dilligence (CDD) atau Enhanced Due Dilligence (EDD) secara berkala dan konsisten sesuai dengan eksposur Risiko Operasional.

 Ensure that the Bank has implemented a policy to carry out the know your customer principles of Customer Due Diligence (CDD) or Enhanced Due Diligence (EDD) regularly and consistently in accordance with the Operational Risk exposures.



Mengumpulkan data risiko operasional untuk memperbaiki aktivitas operasional.

 Collect operational risk data to improve operational activities.



Mengetahui sumber kerugian operasional potensial sehingga memungkinkan Bank untuk mengambil tindakan pencegahan yang diperlukan.

 Know the source of potential operational losses, so as allowing the Bank to take necessary precautions.



Melakukan identifikasi risiko yang melekat pada tiap kegiatan operasional melalui penilaian risiko kendali operasional.

 Identify the risks inherent in each operational activity through operational control risk assessment.



Penilaian secara berkala terhadap risiko operasional yang dihadapi serta kecukupan kontrol dan prosedur untuk mengatasi risiko yang teridentifikasi.

 Periodically assess operational risks faced and the adequacy of controls and procedures to address the identified risks.



Pengembangan rencana kontinjensi memitigasi risiko operasional.

 Develop contingency operational risk.



Pelatihan dan pengembangan profesional untuk seluruh karyawan

 Conduct training and development for all employees.



Melakukan identifikas risiko operasional melalui Operational Risk Self Assessment (ORSA) secara berkala.

 Identify operational risk through periodical Operational Risk Self Assessment (ORSA).

untuk

- 98 -


plans

to

mitigate

professional


181



RISIKO REPUTASI

REPUTATION RISK

Risiko reputasi adalah risiko akibat menurunnya tingkat kepercayaan pemangku kepentingan (stakeholder) yang bersumber dari persepsi negatif terhadap Bank.

Reputation risk is the risk due to declining levels of stakeholders‟ trust, which is derived from the negative perception toward the Bank.

Risiko reputasi dapat bersumber dari berbagai aktivitas bisnis Bank sebagai berikut :

Reputation risk can be sourced from the Bank's business activities as follows:



kejadian-kejadian yang telah merugikan reputasi Bank, misalnya pemberitaan negatif di media massa, pelanggaran etika bisnis, dan keluhan nasabah; atau

 events that are detrimental to the reputation of the Bank, for example, negative news in the media, violations of business ethics, and customer complaints; or



hal-hal lain yang dapat menyebabkan risiko reputasi, misalnya kelemahan-kelemahan pada tata kelola, budaya perusahaan, dan praktik bisnis Bank

 other things that can give rise to reputation risk, such as weaknesses in corporate governance, corporate culture and business practices of Bank

Tujuan utama Bank mengelola risiko reputasi adalah untuk mengantisipasi dan meminimalkan dampak kerugian dari risiko reputasi Bank.

The Bank's main purpose of managing the reputation risk is to anticipate and minimize the risk of loss from the Bank's reputation.

Prosedur untuk mengatasi risiko reputasi meliputi:

The procedures to address reputation risk include:



Mengidentifikasi risiko reputasi yang terjadi pada bisnis atau aktivitas unit tersebut dan sebagai front liner dalam membangun dan mencegah risiko reputasi, khususnya terkait hubungan dengan nasabah.

 Identify reputation risk that occurs on a business or the activity of the unit and being a front liner in building and preventing the reputation risk, especially regarding the relationship with the customer.



Menetapkan parameter risiko reputasi dan mitigasi dalam pengelolaan risiko reputasi.

 Establish reputation risk parameters and mitigation in management of reputation risk.



Menetapkan kebijakan dan prosedur komunikasi untuk memastikan penyampaian pesan yang konsisten dan liputan media serta komunikasi massa yang positif.

 Establish policies and communication procedures to ensure delivery of consistent messages and positive mass media coverage and communication.



Melakukan monitoring terhadap berita di media, khususnya berita negatif mengenai Bank dan mengambil langkah-langkah yang diperlukan untuk meminimalkan dampak dari pemberitaan tersebut.

 Conduct monitoring of the media news, especially the negative news about the Bank and take the necessary steps to minimize the impact of the news.



Melaksanakan evaluasi secara harian atas risiko reputasi yang dihadapi Bank dan dituangkan dalam suatu Laporan Media Monitoring. Pengelolaan risiko reputasi ini secara komprehensif dilakukan oleh Bagian Planning, termasuk menjalankan fungsi kehumasan dan merespons pemberitaan negatif atau kejadian lainnya yang mempengaruhi reputasi Bank dan dapat menyebabkan kerugian Bank.

 Carry out a daily evaluation of the reputation risks facing the Bank and this is set forth in the Media Monitoring Report. This management of reputational risk is comprehensively undertaken by Planning Division, including the public relations function and responding to negative news or other events affecting the Bank's reputation and may lead to loss of the Bank.



Memantau penyelesaian komplain nasabah dan mengkomunikasikan informasi yang dibutuhkan pemangku kepentingan: investor, nasabah, kreditur, asosiasi, dan masyarakat.

 Monitor completion of customer complaints and communicate the information required by the stakeholders: investors, customers, creditors, associations, and societies.


- 99 -




Melakukan pencegahan terjadinya kejadian yang menimbulkan risiko reputasi, yang secara umum dilakukan melalui serangkaian aktivitas seperti tanggung jawab sosial perusahaan (Corporate Social Responsibility), untuk pemberdayaan masyarakat dalam bentuk kegiatan ekonomi/sosial yang diharapkan dapat membangun reputasi positif dari pemangku kepentingan terhadap Bank dan melakukan komunikasi/edukasi secara rutin kepada pemangku kepentingan dalam rangka membentuk reputasi positif dari pemangku kepentingan.

 Prevent events that lead to the occurrence of reputation risk, which is generally performed through a series of activities such as Corporate Social Responsibility, for community empowerment in the form of economic/social activity which is expected to build a positive reputation of the Bank and stakeholders and build communication/education on a regular basis to stakeholders in order to establish a positive reputation of stakeholders.



RISIKO KEPATUHAN

COMPLIANCE RISK

Resiko kepatuhan merupakan risiko yang disebabkan Bank tidak mematuhi atau tidak melaksanakan peraturan perundang-undangan dan ketentuan lain yang berlaku.

Compliance risk is the risk from non-compliance of Bank to implement laws and other applicable provisions.

Risiko kepatuhan dapat bersumber antara lain dari penyimpangan atau pelanggaran dari ketentuan atau peraturan perundang-undangan yang berlaku dan dari standar yang berlaku secara umum.

Compliance risk can be derived from, among others, violation of the Bank‟s prevailing provisions or regulations and from defiance or contradiction of the generally applicable standards.

Tujuan utama Bank dalam mengelola risiko kepatuhan adalah untuk memastikan bahwa proses manajemen risiko dapat meminimalkan kemungkinan dampak negatif dari perilaku Bank yang menyimpang atau melanggar standar yang berlaku secara umum, ketentuan dan/atau peraturan perundang-undangan yang berlaku.

Bank‟s main objective in managing compliance risk is to ensure that the risk management process can minimize the possible negative impact of bank behavior that deviates or violates generally accepted standards, rules and/or prevailing regulations.

Prosedur meliputi:

Procedures to address compliance risks include:

untuk

mengatasi

risiko

kepatuhan



Merumuskan strategi guna mendorong terciptanya budaya kepatuhan dan membuat langkah-langkah dalam rangka mendukung terciptanya budaya kepatuhan pada seluruh kegiatan usaha Bank pada setiap jenjang organisasi.

 Formulate a strategy to encourage the creation of a culture of compliance and make the steps in order to support the creation of a culture of compliance in all activities of the Bank at every level of organization.



Memastikan bahwa seluruh kebijakan, ketentuan, sistem, dan prosedur, serta kegiatan usaha yang dilakukan Bank telah sesuai dengan peraturan perundang-undangan yang berlaku melalui proses review dan/atau merekomendasikan pengkinian dan penyempurnaan kebijakan, ketentuan, sistem, maupun prosedur yang dimiliki oleh Bank agar sesuai dengan ketentuan Bank Indonesia dan peraturan perundang-undangan yang berlaku.

 Ensure that all policies, rules, systems and procedures, as well as business activities of the Bank are in compliance with applicable legislation through the process of review and/or recommend updating and improvement of policies, rules, systems and procedures of the Bank to comply with the prevailing Bank Indonesia provisions and the legislation.



Peran pengendalian intern yang efektif, melalui petugas kepatuhan yang independen yang ada di setiap unit. Petugas kepatuhan bertanggung jawab kepada Direktur Kepatuhan, bukan kepada Unit di mana mereka ditugaskan.

 Play role of effective internal control, by an independent compliance officer in each unit. Compliance officers are responsible to the Director of Compliance, rather than to the Unit in which they are assigned.



Melakukan penilaian atas tingkat kepatuhan Bank terhadap peraturan Bank Indonesia dan perundang-undangan yang berlaku.

 Conduct an assessment of Bank‟s level of compliance with the prevailing Bank Indonesia regulations and legislation.

- 100 -



183





Menetapkan kebijakan dan prosedur risiko kepatuhan, sebagai pedoman kerja dalam manajemen risiko kepatuhan.

 Establish policies and procedures of compliance risks, as the work guidelines in the management of compliance risk.



Mengkomunikasikan setiap kebijakan perusahaan kepada seluruh karyawan pada setiap jenjang organisasi dengan mengadakan sosialisasi atau menyampaikannya melalui media Intranet, serta mengadakan uji kepatuhan dan menerapkan compliance check sheet.

 Communicate any company policy to all employees at every level of organization with socialization or Intranet, and run a compliance test and implement a compliance check sheet.

RISIKO HUKUM

LEGAL RISK

Risiko hukum adalah risiko akibat tuntutan hukum dan/atau kelemahan aspek yuridis.

Legal risk is the risk due to lawsuits and / or weaknesses of juridical aspects.

Risiko hukum dapat bersumber antara lain dari kelemahan aspek yuridis yang disebabkan oleh lemahnya perikatan yang dilakukan oleh Bank, ketiadaan dan/atau perubahan peraturan perundang-undangan yang menyebabkan suatu transaksi yang telah dilakukan Bank menjadi tidak sesuai dengan ketentuan yang ada, dan proses litigasi baik yang timbul dari gugatan pihak ketiga terhadap Bank maupun Bank terhadap pihak ketiga.

The sources of legal risk include weakness of the juridical aspects that is caused by Bank‟s lack of commitment, absence and/or changes in legislation which lead to a transaction that the Bank has conducted which is not in accordance with the existing provisions, and a litigation process whether arising from third-party‟s lawsuit against the Bank or the Bank‟s against any third party.

Tujuan utama Bank dalam mengelola risiko hukum adalah untuk memastikan bahwa proses manajemen risiko dapat meminimalkan kemungkinan dampak negatif dari kelemahan aspek yuridis, ketiadaan dan/atau perubahan peraturan perundang-undangan, dan proses litigasi.

Bank‟s main objective of the managing legal risk is to ensure that the risk management process can minimize the possible negative impact of the weakness of the juridical aspect, absence and/or changes in legislation, and litigation.

Prosedur untuk mengatasi risiko hukum meliputi:

The procedures to address the legal risks include:



Melakukan pengukuran risiko hukum, dengan menggunakan beberapa paramater yang sesuai dengan kondisi Bank, antara lain berupa potensi kerugian akibat tuntutan litigasi, pembatalan perjanjian yang disebabkan oleh kelemahan perikatan, terjadinya perubahan peraturan perundang-undangan yang menyebabkan produk Bank menjadi tidak sejalan dengan ketentuan yang ada.

 Measure legal risk, using some of the parameters corresponding to the condition of the Bank, which include potential losses due to the demands of litigation, the cancellation of the agreement caused by the weakness of the engagement, a change in legislation that causes the Bank‟s product being not in line with the existing provisions.



Melakukan kajian berkala terhadap dokumen hukum, perjanjian dan kontrak dengan pihak ketiga serta mengevaluasi kelemahan perjanjian yang dapat menimbulkan risiko hukum bagi Bank.

 Conduct periodic review of legal documents, agreements and contracts with third-party and evaluate agreement‟s weaknesses that can lead to legal risks for banks.



Melakukan penilaian atas risiko hukum berdasarkan dari besarnya gugatan, perkara yang sudah atau mungkin disampaikan ke Bank.

 Conduct an assessment of legal risks based on the size of the lawsuit, the case which has been or may be brought against the Bank.



Menetapkan kebijakan pengelolaan risiko hukum.

 Establish policies and procedures for the management of legal risks.



Menerapkan legal consistency,dan legal setiap aktivitas Bank.


dan

prosedur

governance, completeness

 Apply legal governance, legal consistency, and legal completeness in every activity of the Bank.

legal dalam

- 101 -




Membentuk satuan kerja berupa unit yang berperan sebagai “legal watch,” yaitu “unit legal” yang menyediakan analisis atau nasehat hukum kepada seluruh pegawai pada setiap jenjang organisasi.

 Establish a work unit, which is a "legal watch" unit, meaning the "legal unit" which provides analytical or legal advice to all employees at every level of organization.



RISIKO STRATEJIK

STRATEGIC RISK

Risiko stratejik adalah risiko akibat ketidaktepatan dalam pengambilan dan/atau pelaksanaan suatu keputusan stratejik serta kegagalan dalam mengantisipasi perubahan lingkungan bisnis.

Strategic risk is the risk which is due to inaccurate formulation and/or implementation of a strategic decision and the failure in anticipating the changes in business environment.

Tujuan utama Bank dalam mengelola risiko stratejik adalah untuk memastikan bahwa proses manajemen risiko dapat meminimalkan kemungkinan dampak negatif dari ketidaktepatan pengambilan keputusan stratejik dan kegagalan dalam mengantisipasi perubahan lingkungan bisnis.

The main purpose of the Bank in managing strategic risk is to ensure that the risk management process can minimize the possible negative impact of inaccurate strategic decision-making and failure in anticipating the changes in business environment.

Prosedur untuk mengatasi risiko stratejik meliputi:

The procedures to address the strategic risks include:



Melakukan identifikasi sumber-sumber risiko stratejik, seperti kelemahan dalam proses formulasi strategi dan ketidaktepatan dalam perumusan strategi, sistem informasi manajemen yang kurang memadai, hasil analisa lingkungan internal dan eksternal yang kurang memadai, penetapan tujuan stratejik yang terlalu agresif, ketidaktepatan dalam implementasi strategi, dan kegagalan mengantisipasi perubahan lingkungan bisnis.

 Identify the sources of strategic risks, such as weaknesses in the strategy formulation process and inaccuracies in the formulation of strategy, inadequate management information system, the results of inadequate internal and external environmental analysis, setting of too aggressive strategic goals, inaccuracy in the strategy implementation, and failure in anticipating the changing business environment.



Melakukan pengukuran risiko stratejik menggunakan indikator atau parameter berupa tingkat kompleksitas strategi bisnis Bank, posisi bisnis Bank di industri perbankan, dan pencapaian rencana bisnis.

 Conduct strategic risk measurement using indicators or parameters of the complexity of the Bank's business strategy, Bank‟s business position in the banking industry, and the achievement of business plan.



Melakukan pengendalian untuk memantau kinerja termasuk kinerja keuangan dengan cara membandingkan „hasil aktual‟ dengan „hasil yang diharapkan‟ untuk memastikan bahwa risiko yang diambil masih dalam batas toleransi dan melaporkan deviasi yang signifikan kepada Direksi.

 Implement controls to monitor performance including financial performance by comparing 'actual results' with 'expected results' to ensure that risks are taken within the limits of tolerance and report the significant deviation to the Board of Directors.



Menunjuk unit kerja tertentu (Bagian Planning) yang memiliki kewenangan dan tanggung jawab untuk menganalisa pencapaian aktual dibandingkan dengan target rencana bisnis yang disusun, termasuk melakukan kajian atas rencana bisnis yang sudah dibuat sesuai dengan kondisi internal Bank maupun kondisi eksternal secara umum, seperti kondisi makro ekonomi.

 Designate a specific work unit (Planning Division) which has the authority and responsibility to analyze the actual achievements as compared with the drawn up business plan targets, this includes a review of the business plan to check whether this has been prepared in accordance with the Bank‟s internal condition and the general external conditions, such as macro economy conditions.



Menganalisa seluruh alternatif strategi yang tersedia setelah mempertimbangkan tujuan stratejik serta toleransi risiko Bank. Kedalaman dan cakupan analisa disesuaikan dengan skala dan kompleksitas kegiatan usaha Bank.

 Analyze all strategic alternatives available after taking into account Bank‟s strategic objectives and risk tolerance. Depth analysis and coverage are adjusted to the scale and complexity of Bank operations.

- 102 -



185



41. INFORMASI SIGNIFIKAN LAINNYA a.

41. OTHER SIGNIFICANT INFORMATION

Manajemen Modal

a.

Capital Management

Perhitungan rasio Kewajiban Penyediaan Modal Minimum (KPMM) untuk tahun 2012 dilakukan sesuai dengan Peraturan Bank Indonesia No. 14/18/PBI/2012 tanggal 28 Nopember 2012 dan 2011 dilakukan sesuai dengan Peraturan Bank Indonesia No. 10/15/PBI/2008 tanggal 24 September 2008. Perhitungan rasio kewajiban penyediaan modal minimum (KPMM) dilakukan sesuai dengan Surat Edaran Bank Indonesia No. 3/30/DPNP tanggal 14 Desember 2001, Surat Edaran Bank Indonesia No. 5/23/DPNP tanggal 29 September 2003 dan Surat Edaran Bank Indonesia No. 12/11/DPNP tanggal 31 Maret 2010.

The capital adequacy ratio in 2012 is calculated in accordance with the Bank Indonesia Regulation No. 14/18/PBI/2012 dated November 28, 2012 and 2011 is calculated in accordance with the Bank Indonesia Regulation No. 10/15/PBI/2008 dated September 24, 2008. The capital adequacy ratio was calculated in accordance with the Circular Letter of Bank Indonesia No. 3/30/DPNP dated December 14, 2001, the Circular Letter of Bank Indonesia No. 5/23/DPNP dated September 29, 2003 and the Circular Letter of Bank Indonesia No. 12/11/DPNP dated March 31, 2010.

Peraturan Bank Indonesia No. 3/21/PBI/2001 tanggal 13 Desember 2001 mewajibkan bank-bank untuk memenuhi rasio kewajiban penyediaan modal minimum sebesar 8%. Peraturan Bank Indonesia No. 5/12/PBI/2003 tanggal 17 Juli 2003 mewajibkan bank-bank di Indonesia dengan kualifikasi tertentu untuk memperhitungkan risiko pasar (market risk) dalam perhitungan rasio kewajiban penyediaan modal minimum dan wajib memenuhi rasio kewajiban penyediaan modal minimum sebesar 8% dengan memperhitungkan risiko pasar.

The Bank Indonesia Regulation No. 3/21/PBI/2001 dated December 13, 2001 requires commercial banks in Indonesia to maintain a minimum capital adequacy ratio of 8%. The Bank Indonesia Regulation No. 5/12/PBI/2003 dated July 17, 2003 requires all commercial banks with certain qualification to include market risk in calculating capital adequacy ratio and maintain a minimum capital adequacy ratio of 8% with the inclusion of market risk.

Rasio kewajiban penyediaan modal Bank dengan memperhitungkan risiko kredit, risiko operasional dan risiko pasar pada tanggal 31 Desember 2012 dan 2011 adalah sebagai berikut:

The Bank‟s capital adequacy ratio with consideration for credit, operational and market risks as of December 31, 2012 and 2011 are as follows:

I.

Komponen Modal A. Modal Inti 1. Modal Disetor 2. Cadangan Tambahan Modal a. Tambahan Modal Disetor b. Cadangan umum c. Saldo laba yang tidak ditentukan penggunaannya setelah diperhitungkan pajak (100%)*) d. Laba tahun berjalan setelah diperhitungkan pajak (50%)*) e. Selisih transaksi perubahan ekuitas anak perusahaan f. Selisih kurang antara PPA dan cadangan kerugian penurunan nilai aset produktif g. Aset tidak berwujud lainnya h. Penyertaan (50%) Jumlah


2012 Rpjuta/ Rpmillion


285.000

285.000

116.788 1.049.211

116.788 852.558

51.349

70.135

139.690

123.257

-

-

(117.956) (21.114) 1.502.968

(69.050) (9.756) (21.114) 1.347.818

- 103 -

I. Composition of Capital A. Core Capital 1. Paid-up Capital 2. Additional Capital Reserves a. Additional Paid-in Capital b. General Reserves c. Unappropriated retained earnings after tax (100%)*) d. Current year's income after tax (50%)*) e. Difference from equity changes on subsidiary f. Difference between provision for posible asset loss and provision for impairment value of earning assets g. Other intangible assets h. Investment (50%) Total






B. Modal Pelengkap (Maksimum 100% dari Modal Inti) 1. Cadangan Revaluasi Aset tetap 2. Cadangan Umum Penyisihan Penghapusan Aset Produktif/PPAP (maksimum 1,25% dari ATMR) 2. Penyertaan (50%) Jumlah II. III. IV. V.

Total Modal Inti dan Modal Pelengkap Penyertaan Total Modal Aset Tertimbang Menurut Risiko (ATMR) Untuk risiko kredit

87.001 (21.114) 115.223

77.123 (21.114) 105.345 1.453.162 1.453.162

8.767.911

7.609.208

730.167

633.218

12.870

4.381

Untuk risiko pasar

II. Total Core and Supplementary Capital III. Investments in shares of stock IV. Total Capital V. Risk Weighted Assets (ATMR) For credit risk For operational risk For market risk VI. Capital Adequacy Ratio (%)

17,04%

17,63%

17,01%

17,62%

8%

8%

VII. Rasio Kewajiban Penyediaan Modal Minimum yang diwajibkan (%) *)

49.336

1.618.191 1.618.191

Untuk risiko operasional

VI. Rasio Kewajiban Penyediaan Modal Minimum yang tersedia (%) KPMM dengan memperhitungkan risiko kredit dan operasional KPMM dengan memperhitungkan risiko kredit, operasional dan pasar

49.336

B. Supplementary Capital (Maximum of 100% of Core Capital) 1. Revaluation Increment on Premises and Equipment 2. General Reserves of Allowance for Possible Losses on Earning Assets (maximum of 1.25% of ATMR) 3. Investments in shares of stock Total

CAR with credit and operational risk CAR with credit, operational and market risk VII. Minimum Capital Adequacy Ratio Required (%)

Tidak termasuk pengaruh pajak tangguhan

*) Excludes effect of deferred taxes

Rasio kewajiban penyediaan modal minimum Bank secara konsolidasian pada tanggal 31 Desember 2012 dan 2011 dengan memperhitungkan risiko kredit dan operasional masing-masing adalah 17,35% dan 18,07% dan dengan memperhitungkan risiko kredit, operasional dan pasar masingmasing adalah 17,32% dan 18,06%.

Bank‟s minimum capital adequacy ratio on consolidated basis as at December 31, 2012 and 2011 after considering credit and operational risk is 17.35% and 18.07%, respectively, and after considering credit, operational and market risk is 17.32% and 18.06%, respectively.

Surat Edaran Bank Indonesia No. 8/27/DPNP tanggal 27 Nopember 2006 tentang prinsip kehati-hatian dan laporan dalam rangka penerapan manajemen risiko secara konsolidasian bagi bank yang melakukan pengendalian terhadap entitas anak, mewajibkan bank di Indonesia memperhitungkan Kewajiban Penyediaan Modal Minimum (KPMM) secara konsolidasian.

Circular Letter of Bank Indonesia No. 8/27/DPNP dated November 27, 2006 regarding prudence and report in connection with the implementation of consolidated risk management for banks which controlled the subsidiary, requires banks in Indonesia to calculate consolidation Capital Adequacy Ratio.

b.

Rasio Aset produktif yang diklasifikasikan terhadap total Aset produktif pada tanggal 31 Desember 2012 dan 2011 masing-masing adalah sebesar 2,90% dan 3,24%.

b.

The ratios of classified earning assets to total earning assets as of December 31, 2012 and 2011 are 2.90% and 3.24%, respectively.

c.

Bank ikut serta dalam Lembaga Penjamin Simpanan (LPS) yang berlaku sejak tanggal 22 September 2005. Beban atas premi penjaminan pada tahun 2012 dan 2011 masing-masing sebesar Rp 11.017.465.674 dan Rp 9.169.463.672 dicatat di akun beban bunga.

c.

On September 22, 2005, the Bank participated in the deposit insurance program of the Indonesian Deposit Insurance Corporation (“Lembaga Penjamin Simpanan”). Guarantee premium expenses in 2012 and 2011 of Rp 11,017,465,674 and Rp 9,169,463,672 are included under the interest expense account.

- 104 -



187


42. INFORMASI KEUANGAN TERSENDIRI ENTITAS INDUK


42. FINANCIAL INFORMATION OF THE PARENT COMPANY ONLY

Informasi keuangan tersendiri entitas induk menyajikan informasi laporan posisi keuangan, laporan laba rugi komprehensif, perubahan ekuitas dan arus kas, dimana penyertaan saham pada entitas anak dipertanggungjawabkan dengan metode biaya.

The financial information of the Parent Company only presents statements of financial position, statements of comprehensive income, statements of changes in equity and statements of cash flows information in which investments in its subsidiary were accounted using the cost method.

Informasi keuangan tersendiri entitas induk disajikan pada halaman 106 sampai dengan 111.

Financial information of the parent company only, was presented on pages 106 to 111.

43. PERISTIWA SETELAH TANGGAL PELAPORAN a.

43. SUBSEQUENT EVENT

Pada tanggal 31 Januari 2013 berdasarkan perjanjian pengalihan dan penyerahan hak dan kewajiban yang telah dilegalisasi oleh Hadidjah, S.H., Mkn, notaris di Jakarta melalui surat legalisasi No. 579/Leg/2013, terjadi pengalihan hak dan kewajiban atas (Master) Heads of Agreement on sale and leaseback or buyback for Gedung Resona Perdania antara Bank dan PT CSI menjadi antara Bank dan PT Mitra Panca Persada (MPP).

a.

Berdasarkan akta jual beli No. 11/2013 tanggal 31 Januari 2013, dari Pejabat Pembuat Akta Tanah Hadidjah, S.H., Mkn, Bank telah mengalihkan kepemilikan tanah dan bangunan yang terletak di Jl. Jenderal Sudirman Kav. 40-41 kepada MPP. Bank telah menerima pelunasan pembayaran dari MPP pada tanggal 31 Januari 2013.

On January 31, 2013 based on agreement of transfering and delivering rights and obligations which have been legalized by Hadidjah, S.H., Mkn, notary public in Jakarta legalization by letter No. 579/Leg/2013, happened upon the transfer of rights and obligations (Master) Heads of Agreement on sale and leaseback or buyback for Resona Perdania Building between the Bank and PT CSI to become between the Bank and PT Mitra Panca Persada (MPP). Based on deed No. 11/2013 dated January 31, 2013 from a land deed official Hadidjah, S.H., Mkn, Bank has transferred land ownership and buildings located on Jl. Jenderal Sudirman Kav. 40-41 to MPP. The Bank has received payment from MPP on January 31, 2013.

b.

Pada tanggal 21 Maret 2013, Bank dan Bank of East Asia, Hongkong setuju untuk memperpanjang jatuh tempo pinjaman dari 27 Maret 2013 menjadi tanggal 28 April 2014 dengan jumlah maksimum pinjaman sebesar USD 30.000.000 dengan tingkat suku bunga sebesar LIBOR + 1,75%.

b.

On March 21, 2013, the Bank and Bank of East Asia, Hongkong agreed to extend the borrowing facility to April 28, 2014 with maximum amount of USD 30,000,000 subject to interest rate computed as LIBOR+1.75%.

c.

Pada tanggal 3 April 2013, Bank melakukan pelunasan penuh atas fasilitas pinjaman kepada The Japan Bank for International Cooperation (JBIC) yang diterima tanggal 28 Maret 2007 sebesar JPY 16.625.000

c.

On April 3, 2013, the Bank exercises the full payment of the loan facility which is received on March 28, 2007 to The Japan Bank for International Corporation (JBIC) amounted to JPY 16,625,000.

44. TANGGUNG JAWAB MANAJEMEN DAN PERSETUJUAN LAPORAN KEUANGAN KONSOLIDASIAN DAN INFORMASI TAMBAHAN

44. MANAGEMENT RESPONSIBILITY AND APPROVAL OF CONSOLIDATED FINANCIAL STATEMENTS AND SUPPLEMENTARY INFORMATION

Penyusunan dan penyajian wajar laporan keuangan konsolidasian dari halaman 3 sampai dengan 105 dan informasi tambahan dari halaman 106 sampai 111 merupakan tanggung jawab manajemen dan telah disetujui oleh Direksi untuk diterbitkan pada tanggal 5 April 2013.

The preparation and fair presentation of the consolidated financial statements on pages 3 to 105 and supplementary information on pages 106 to 111 were the responsibilities of the management were approved and authorized for issue by the Bank‟s Directors on April 5, 2013.


- 105 -


P.T. BANK RESONA PERDANIA DAFTAR I: INFORMASI LAPORAN POSISI KEUANGAN TERSENDIRI ENTITAS INDUK 31 DESEMBER 2012 DAN 2011

P.T. BANK RESONA PERDANIA SCHEDULE I: PARENT COMPANY'S STATEMENT OF FINANCIAL POSITION DECEMBER 31, 2012 AND 2011

2012 Rp

2011 Rp ASSETS

ASET Kas

Cash

18.077.887.314

22.963.095.210


672.666.006.456

627.235.044.170

Demand Deposits with Bank Indonesia

Giro pada Bank Lain Pihak berelasi Pihak ketiga

19.307.922.842 554.492.093.214

20.668.301.848 760.432.165.983

Demand Deposits with Other Banks Related parties Third parties

573.800.016.056

781.100.467.831

Jumlah Penempatan pada Bank Indonesia dan Bank Lain Pihak ketiga Bunga yang belum diamortisasi Jumlah Efek-efek Pihak ketiga Pendapatan dan biaya yang belum diamortisasi Jumlah Tagihan Derivatif Pihak berelasi Pihak ketiga Jumlah Kredit Pihak berelasi Pihak ketiga Cadangan kerugian penurunan nilai Bersih Tagihan Akseptasi - Pihak ketiga Penyertaan Saham Biaya Dibayar di Muka

1.662.226.000.000 (162.371.795)

1.113.250.027.950 (113.721.571)

1.662.063.628.205

1.113.136.306.379

198.095.233.687 (3.620.379.025)

134.385.880.434 (1.600.520.970)

194.474.854.662

132.785.359.464

75.905.427 13.859.654.884

7.665.799.723

13.935.560.311

7.665.799.723

65.000.000.000 8.254.566.328.881 (100.368.274.176) 8.219.198.054.705

64.300.000.000 7.048.138.205.807 (120.967.656.748) 6.991.470.549.059

196.185.496.158

260.851.769.449

42.227.933.142

42.227.933.142

6.951.054.165

5.348.554.945

Aset Tidak Lancar yang Dimiliki Untuk Dijual

123.998.675.000

Aset Tetap Harga perolehan Akumulasi penyusutan Jumlah tercatat

37.633.677.903 (30.016.519.316) 7.617.158.587

180.010.016.412 (49.080.646.279) 130.929.370.133

Aset Lain-Lain

13.893.933.886

15.946.738.836

JUMLAH ASET

11.745.090.258.647

10.131.660.988.341

-

Total Placements with Bank Indonesia and Other Banks Third parties Unamortized interest Total Securities Third parties Unamortized interest income and expense Total Derivative Receivables Related parties Third parties Total Loans Related parties Third parties Allowance for impairment losses Net Acceptances Receivable - Third parties Investment in Shares of Stock Prepaid Expenses Non-Current Assets Held for Sale Premises and Equipment Cost Accumulated depreciation Carrying value Other Assets TOTAL ASSETS

- 106 Laporan Keuangan Konsolidasian dan Informasi Tambahan Consolidated Financial Statements and Supplementary Information


189

P.T. BANK RESONA PERDANIA DAFTAR I: INFORMASI LAPORAN POSISI KEUANGAN TERSENDIRI ENTITAS INDUK 31 DESEMBER 2012 DAN 2011 (Lanjutan)

LIABILITAS DAN EKUITAS

P.T. BANK RESONA PERDANIA SCHEDULE I: PARENT COMPANY'S STATEMENT OF FINANCIAL POSITION DECEMBER 31, 2012 AND 2011 (Continued)

2012 Rp

2011 Rp

LIABILITAS Liabilitas Segera

LIABILITIES AND EQUITY LIABILITIES Liabilities Payable Immediately

75.980.828.870

1.441.111.886

54.399.401.521 5.433.319.684.774

6.896.541.303 4.927.530.581.570

5.487.719.086.295

4.934.427.122.873

96.900.018.785 751.000.000.000

227.502.880.675 -

847.900.018.785

227.502.880.675

7.823.990.400

4.942.224.420

Liabilitas Akseptasi - Pihak ketiga

197.214.506.867

260.851.769.449

Acceptances Liabilities - Third parties

Surat Berharga yang Diterbitkan - Bersih

597.388.162.729

297.169.933.762

Securities Issued - Net

18.606.256.469

16.136.107.393

1.156.560.000.000 1.270.588.824.250

1.360.200.000.000 1.322.702.668.900

2.427.148.824.250

2.682.902.668.900

Liabilitas Pajak Tangguhan

24.840.340.860

12.730.234.476

Deferred Tax Liability

Biaya yang Masih Harus Dibayar

36.302.710.265

24.100.563.612

Accrued Expenses

158.543.765.786

8.119.735.035

Other Liabilities

9.879.468.491.576

8.470.324.352.481

Total Liabilities

Simpanan Pihak berelasi Pihak ketiga Jumlah Simpanan dari Bank Lain Pihak berelasi Pihak ketiga Jumlah Liabilitas Derivatif - Pihak ketiga

Utang Pajak Pinjaman yang Diterima Pihak berelasi Pihak ketiga Jumlah

Liabilitas Lain-Lain Jumlah Liabilitas

Deposits Related parties Third parties Total Deposits from Other Banks Related parties Third parties Total Derivative Liabilities - Third parties

Taxes Payable Borrowings Related parties Third parties Total

EKUITAS

EQUITY

Modal Saham - nilai nominal Rp 100.000 per saham Modal dasar - 5.000.000 saham Modal ditempatkan dan disetor 2.850.000 saham Agio Saham

Capital Stock - Rp 100,000 par value per share Authorized - 5,000,000 shares Issued and paid-up - 2,850,000 shares Additional paid-in capital Difference in value from restructuring transaction among entities under common control Retained Earnings Appropriated Unappropriated

285.000.000.000 116.788.145.625

285.000.000.000 116.788.145.625

(13.631.394.437)

(13.631.394.437)

Selisih nilai transaksi restrukturisasi entitas sepengendali Saldo Laba Ditentukan penggunaannya Belum ditentukan penggunaannya

1.158.845.757.883 318.619.258.000

962.192.741.150 310.987.143.522

Jumlah Ekuitas

1.865.621.767.071

1.661.336.635.860

11.745.090.258.647

10.131.660.988.341

JUMLAH LIABILITAS DAN EKUITAS

Total Equity TOTAL LIABILITIES AND EQUITY

- 107 190 PT Bank Resona Perdania


P.T. BANK RESONA PERDANIA DAFTAR II: INFORMASI LAPORAN LABA RUGI KOMPREHENSIF TERSENDIRI ENTITAS INDUK UNTUK TAHUN-TAHUN YANG BERAKHIR 31 DESEMBER 2012 DAN 2011 2012 Rp

P.T. BANK RESONA PERDANIA SCHEDULE II: PARENT COMPANY'S STATEMENTS OF COMPREHENSIVE INCOME FOR THE YEARS ENDED DECEMBER 31, 2012 AND 2011 2011 Rp

PENDAPATAN DAN BEBAN OPERASIONAL Pendapatan Bunga Bunga yang diperoleh Provisi dan Komisi Jumlah Pendapatan Bunga

614.717.174.305 13.978.320.055 628.695.494.360

560.245.592.589 14.313.593.477 574.559.186.066

OPERATING REVENUES AND EXPENSES Interest Revenues Interest earned Fees and commissions Total Interest Revenues

Beban Bunga Bunga yang dibayar Provisi dan Komisi Premi penjaminan Jumlah Beban Bunga

232.231.119.684 1.968.046.149 11.017.465.674 245.216.631.507

208.691.902.918 1.829.442.401 9.169.463.672 219.690.808.991

Interest Expenses Interest incurred Fees and commissions Guarantee premium Total Interest Expenses

Pendapatan Bunga - Bersih

383.478.862.853

354.868.377.075

Interest Revenues - Net

PENDAPATAN DAN BEBAN OPERASIONAL LAINNYA Pendapatan Operasional lainnya Keuntungan transaksi mata uang asing - bersih Pendapatan dividen Provisi dan komisi lainnya Lain-lain - bersih Jumlah Pendapatan Operasional Lainnya

OTHER OPERATING REVENUES AND EXPENSES Other Operating Revenues 76.643.187.238 3.999.680.000 29.597.377.808 2.566.646.537

57.166.848.202 31.400.233.078 15.219.795.188

112.806.891.583

103.786.876.468

2.138.190.257

12.208.368.641

Provision for allowance for impairment losses

67.451.318.885 61.364.599.480 12.342.032.642

60.640.683.920 56.411.137.509 10.408.310.681

Other Operating Expenses Personnel General and administrative Provissions and commissions

141.157.951.007

127.460.132.110

Total Other Operating Expenses

30.489.249.681

35.881.624.283

352.989.613.172

318.986.752.792

PENDAPATAN NON OPERASIONAL Keuntungan atas penjualan aset tetap Pendapatan sewa Lain-lain - bersih

26.636.364 2.938.847.978 31.587.330

2.083.774.566 653.798.076

NON-OPERATING REVENUES Gain on sale of premises and equipment Rental income Others - net

Jumlah Pendapatan Non Operasional Bersih

2.997.071.672

2.737.572.642

Total Non-Operating Revenues - Net

355.986.684.844

321.724.325.434

88.716.553.633

80.872.063.494

267.270.131.211

240.852.261.940

Beban cadangan kerugian penurunan nilai Beban Operasional Lainnya Tenaga kerja Umum dan administrasi Provisi dan komisi Jumlah Beban Operasional Lainnya Beban Operasional Lainnya - Bersih LABA OPERASIONAL

LABA SEBELUM BEBAN PAJAK BEBAN PAJAK LABA BERSIH TAHUN BERJALAN DAN JUMLAH LABA KOMPREHENSIF

Gain on foreign exchange - net Dividend income Other fees and commissions Others - net Total Other Operating Revenues

Other Operating Expenses - Net INCOME FROM OPERATIONS

INCOME BEFORE TAX EXPENSE TAX EXPENSE NET PROFIT FOR THE YEAR AND TOTAL COMPREHENSIVE INCOME



191

-

-

-

285.000.000.000

-

-

285.000.000.000




116.788.145.625

116.788.145.625

-

116.788.145.625

-

285.000.000.000


Saldo per 1 Januari 2011

Modal Saham/ Paid-up Capital Rp

Agio saham/ Additional Paid-in Capital Rp

P.T. BANK RESONA PERDANIA DAFTAR III: INFORMASI LAPORAN PERUBAHAN EKUITAS TERSENDIRI ENTITAS INDUK UNTUK TAHUN-TAHUN YANG BERAKHIR 31 DESEMBER 2012 DAN 2011

(13.631.394.437)

-

-

(13.631.394.437)

-

-

(13.631.394.437)

Selisih Nilai Transaksi Restrukturisasi Entitas Sepengendali/ Difference in Value from Restructuring Transaction among Entities under Common Control Rp

- 109 -

1.158.845.757.883

-

196.653.016.733

962.192.741.150

-

117.400.000.000

844.792.741.150

318.619.258.000

267.270.131.211

(62.985.000.000) (196.653.016.733)

310.987.143.522

240.852.261.940

(85.001.250.000) (117.400.000.000)

272.536.131.582

Saldo Laba/Retained Earnings Ditentukan Belum ditentukan Penggunaannya/ Penggunaannya/ Appropriated Unappropriated Rp Rp

1.865.621.767.071

267.270.131.211

(62.985.000.000) -

1.661.336.635.860

(85.001.250.000) 240.852.261.940

1.505.485.623.920

Jumlah Ekuitas/ Total Equity Rp





Balance as of January 1, 2011

P.T. BANK RESONA PERDANIA SCHEDULE III: PARENT COMPANY'S STATEMENTS OF CHANGES IN EQUITY FOR THE YEARS ENDED DECEMBER 31, 2012 AND 2011

P.T. BANK RESONA PERDANIA DAFTAR IV: INFORMASI LAPORAN ARUS KAS TERSENDIRI ENTITAS INDUK UNTUK TAHUN-TAHUN YANG BERAKHIR 31 DESEMBER 2012 DAN 2011

P.T. BANK RESONA PERDANIA SCHEDULE IV: PARENT COMPANY'S STATEMENTS OF CASH FLOWS FOR THE YEARS ENDED DECEMBER 31, 2012 AND 2011 2012 Rp

ARUS KAS DARI AKTIVITAS OPERASI Laba sebelum beban pajak Penyesuaian untuk: Pendapatan bunga Beban bunga Beban cadangan kerugian penurunan nilai Selisih kurs atas cadangan kerugian penurunan nilai Beban imbalan pasca kerja Penyusutan aset tetap Keuntungan atas penjualan aset tetap Amortisasi atas biaya emisi

2011 Rp

355.986.684.844

321.724.325.434

(614.717.174.305) 232.231.119.684 2.138.190.257

(560.245.592.589) 208.691.902.918 12.208.368.641

4.355.539.156 9.156.325.708 5.856.132.590 (26.636.364) 1.547.728.966

2.747.910.910 6.795.656.056 4.607.559.487 1.386.587.095

(3.472.089.464)

(2.083.282.048)

(56.975.972.051) (1.234.221.235.058) (6.269.760.588) 64.666.273.291 5.450.535.437 74.539.716.985 553.291.963.422 2.470.149.076 2.881.765.980 (63.637.262.582) (9.156.325.708) 126.323.467.139

(1.300.011.207) (868.043.509.779) 2.897.077.558 24.719.073.733 10.124.346.182 240.870.212 726.410.078.198 2.028.430.539 (484.801.965) (24.719.073.733) (6.795.656.056) (10.026.632.030)

Kas Digunakan untuk Aktivitas Operasi Pajak penghasilan yang dibayar Bunga yang diterima Bunga yang dibayar

(544.108.774.121) (76.606.447.250) 609.716.944.598 (195.928.409.419)

(147.033.090.396) (73.289.721.714) 556.058.538.281 (184.591.339.306)

Kas Bersih digunakan untuk Aktivitas Operasi

(206.926.686.192)

151.144.386.865

Arus kas operasi sebelum perubahan modal kerja Perubahan modal kerja: Penempatan pada Bank Indonesia dan bank lain Kredit Tagihan derivatif Tagihan akseptasi Aset lain-lain Liabilitas segera Simpanan Utang pajak Liabilitas derivatif Liabilitas akseptasi Liabilitas imbalan pasca kerja Liabilitas lain-lain

ARUS KAS DARI AKTIVITAS INVESTASI Pencairan (penempatan) efek-efek Hasil penjualan aset tetap Perolehan aset tetap Kas Bersih Diperoleh dari (Digunakan untuk) Aktivitas Investasi

CASH FLOWS FROM OPERATING ACTIVITIES Income before tax expense Adjustments for: Interest revenue Interest expense Provision for allowance for impairment losses Net foreign exchange loss (gain) on allowance for impairment losses Post-employment benefits Depreciation of premises and equipment Gain on sale of premises and equipment Amortization of issuance cost Operating cash flows before changes in working capital Changes in working capital: Placements with Bank Indonesia and other banks Loans Derivative receivables Acceptances receivable Other assets Liabilities payable immediately Deposits Tax payable Derivative liabilities Acceptances liabilities Post-employment benefits obligation Other liabilities Cash Used in Operating Activities Income tax paid Interest received Interest paid Net Cash Provided Used in Operating Activities CASH FLOWS FROM INVESTING ACTIVITIES

(141.379.572.205) 26.636.364 (6.542.596.042) (147.895.531.883)

74.709.135.354 (2.068.308.485)

Settlement (placement) in securities Proceeds from sale of premises and and equipment Acquisition of premises and equipment

72.640.826.869

Net Cash Provided by (Used in) Investing Activities



193

P.T. BANK RESONA PERDANIA DAFTAR IV: INFORMASI LAPORAN ARUS KAS TERSENDIRI ENTITAS INDUK UNTUK TAHUN-TAHUN YANG BERAKHIR 31 DESEMBER 2012 DAN 2011 (Lanjutan)

ARUS KAS DARI AKTIVITAS PENDANAAN Kenaikan (penurunan) pinjaman yang diterima Penerimaan (Pelunasan) surat berharga yang diterbitkan Kenaikan (penurunan) simpanan dari bank lain Pembayaran dividen tunai

P.T. BANK RESONA PERDANIA SCHEDULE IV: PARENT COMPANY'S STATEMENTS OF CASH FLOWS FOR THE YEARS ENDED DECEMBER 31, 2012 AND 2011 (Continued) 2012 Rp

2011 Rp

(255.753.844.650)

1.399.942.650.150

298.670.500.000

(100.000.000.000)

620.397.138.110 (62.985.000.000)

117.916.307.950 (85.001.250.000)

CASH FLOWS FROM FINANCING ACTIVITIES Increase (decrease) in borrowings Proceeds from (payment of) securities issued Increase (decrease) in deposits from other banks Cash dividend payments

Kas Bersih Diperoleh dari Aktivitas Pendanaan

600.328.793.460

1.332.857.708.100

Net Cash Provided by Financing Activities

KENAIKAN (PENURUNAN) BERSIH KAS DAN SETARA KAS

245.506.575.385

1.556.642.921.834

NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS

KAS DAN SETARA KAS AWAL TAHUN

2.420.874.962.646

864.232.040.812

CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR

KAS DAN SETARA KAS AKHIR TAHUN

2.666.381.538.031

2.420.874.962.646

CASH AND CASH EQUIVALENTS AT END OF YEAR

PENGUNGKAPAN TAMBAHAN Kas dan setara kas terdiri dari: Kas Giro pada Bank Indonesia Giro pada bank lain Penempatan pada Bank Indonesia dan bank lain Sertifikat Bank Indonesia Jumlah

18.077.887.314 672.666.006.456 573.800.016.056 1.401.837.628.205 -

22.963.095.210 627.235.044.170 781.100.467.831 909.886.278.429 79.690.077.006

2.666.381.538.031

2.420.874.962.646

SUPPLEMENTAL DISCLOSURES Cash and cash equivalents consist of: Cash Demand deposits with Bank Indonesia Demand deposits with other banks Placements with Bank Indonesia and Other Banks Bank Indonesia Certificates Total

- 111 194 PT Bank Resona Perdania


Pengungkapan Permodalan serta Pengungkapan Eksposur Risiko dan Penerapan Manajemen Risiko Bank Disclosures of the Bank’s Capital, Risk Exposure and Risk Management Implementation

STRUKTUR PERMODALAN BANK

BANK CAPITAL STRUCTURE

Struktur permodalan Bank mengacu kepada Peraturan Bank Indonesia (PBI) No. 14/18/PBI/2012 tanggal 28 November 2012 tentang Kewajiban Penyediaan Modal Minimum Bank Umum. Modal Bank posisi 31 Desember 2012 sebesar Rp 1,62 trilliun yang merupakan penjumlahan dari modal inti dan modal pelengkap.

Bank capital structure is in accordance with Bank Indonesia Regulation (PBI) No. 14/18/PBI/2012 dated November 28, 2012 on the Capital Adequacy of Commercial Banks. The Bank’s capital as of December 31, 2012 amounted to Rp 1.62 trillion, which is the sum of core capital and supplementary capital.

A.

A.

Modal Inti (Tier 1) Modal inti Bank dihitung berdasarkan penjumlahan modal disetor dengan cadangan tambahan modal setelah memperhitungkan faktor pengurang berupa penyertaan Bank pada perusahaan anak yaitu PT Resona Indonesia Finance. Modal inti Bank posisi 31 Desember 2012 sebesar Rp 1,5 triliun. Berikut beberapa komponen dari modal inti:

Bank's core capital is calculated based on the sum of additional paid-up capital with capital reserves after taking into account offsetting factor of Bank's investment in its subsidiary, namely PT Resona Indonesia Finance. Bank's core capital as of December 31, 2012 amounted to Rp 1.5 trillion. Below are some of core capital components:

1. Modal Disetor

1. Paid-Up Capital

Modal dasar Bank berjumlah Rp 500.000.000.000,- yang terbagi atas 5.000.000 lembar saham dengan masingmasing berharga nominal Rp 100.000,-. Modal dasar tersebut telah diterbitkan dan disetor secara penuh sebesar 2.850.000 lembar saham senilai Rp 285.000.000.000,-.

Bank's authorized capital amounted to Rp 500,000,000,000.- divided into 5,000,000 shares with a nominal value of Rp 100,000.each. The authorized capital has been issued and fully paid for 2,850,000 shares worth Rp 285,000,000,000.-.

2. Additional Capital Reserves

2. Cadangan Tambahan Modal Cadangan tambahan modal terdiri dari berbagai macam faktor penambah modal, seperti agio saham, cadangan umum modal. Laba tahun-tahun lalu berjalan serta faktor pengurang modal yaitu selisih kurang antara PPA dengan cadangan kerugian penurunan nilai aset keuangan atas aset produktif. Jumlah cadangan tambahan modal adalah sebesar Rp 1.239.082 juta. 2.1 Faktor Penambah

196

Core Capital (Tier 1)

Additional capital reserves include various factors of additional capital, such as agio share, general reserve capital, unapproprieted retained earn current year’s income and capital deduction which is the difference between provision for possible asset loss and provision for impairment value of earning assets. The additional capital reserves amounted to Rp 1,239,082 million. 2.1 Additional Factors

a. Agio Saham Agio saham merupakan selisih lebih setoran modal yang diterima oleh Bank pada saat penerbitan saham sebagai akibat harga saham yang melebihi nilai nominalnya. Besarnya agio saham yang diperoleh PT Bank Resona Perdania yang terjadi sebagai akibat selisih harga saham saat penerbitan saham sebesar Rp 116.788 juta.

a. Agio Share Agio share represents Bank excess of paid up capital the that received by bank at the time of the issuance of shares, resulting in the price of share higher than its face value. The amount of agio share PT Bank Resona Perdania acquired, due to the difference of stock price at the issuance of shares, was Rp 116,788 million.

b. Cadangan Umum Modal Besarnya cadangan umum modal diperoleh dari penyisihan laba yang ditahan atau dari laba tahun lalu setelah dikurangi pajak yang telah

b. General Capital Reserves The amount of general capital reserves obtained from the unapproprieted retained earnings after tax, which was approved by the

PT Bank Resona- Perdania

Pengungkapan Permodalan dan Manajemen Risiko Bank

Disclosures of Bank’s Capital and Risk Management Implementation

mendapat persetujuan Rapat Umum Pemegang Saham (RUPS) sebesar Rp 1.158.846 juta dan selisih nilai revaluasi aset tetap yang telah di reklas sebagai laba ditahan dan telah menjadi komponen cadangan umum modal sebesar Rp 109.635 juta sehingga nilai cadangan umum modal yang diperhitungkan dalam modal inti setelah mengeluarkan faktor selisih revaluasi aset tetap adalah sebesar Rp 1.049.211 juta.

General Meeting of Shareholders (GMS), amounted Rp 1,158,846 million. The difference of fixed asset revaluation claimed as retained earning, and has become the component of general capital reserves amounted to Rp 109,635 million, thus the value of general capital reserves calculated in core capital after removing fixed asset revaluation amounted to Rp 1,049,211 million.

c. Laba Tahun-Tahun Lalu Laba tahun-tahun lalu adalah akumulasi sisa laba tahun-tahun lalu bersih yang ditahan untuk tidak dibagikan dan belum ditentukan penggunaannya berdasarkan keputusan Rapat Umum Pemegang Saham (RUPS). Dalam menghitung laba tahun-tahun lalu dikeluarkan dari pengaruh faktor perhitungan pajak tangguhan (deferred tax). Besarnya laba tahun-tahun lalu adalah sebesar Rp 51.349 juta.

c. Unapproprieted Retained Earnings Unapproprieted retained earnings last years are the accumulation of the remaining incomes gained in the past years, which has not been distributed and its use has not been determined as in accordance with the decision of the General Meeting of Shareholders (GMS). In calculating incomes recorded from previous years excludes the calculation of deferred tax. Incomes of the previous years amounted to Rp 51,349 million.

d. Laba Tahun Berjalan sebesar 50%

d. Current Years Income As Much 50% Current year’s income is the income gained in the current accounting year, after deducted with the provision for income tax. In calculating current year income excluding the calculation of deferred tax.

Laba tahun berjalan adalah laba yang diperoleh dalam tahun buku berjalan setelah dikurangi taksiran pajak penghasilan. Untuk perhitungan laba tahun berjalan harus dikeluarkan dari pengaruh faktor perhitungan pajak tangguhan (deferred tax).

Current year’s income before tax as of December 31, 2012 was Rp 355,986 million, the provision for income tax amounted to Rp 76,604 million, and deferred tax amounted to Rp 12,110 million. Thus, current year income for the year could be accounted for 50% in year 2012 amounted to Rp 139,690 million.

Laba tahun berjalan sebelum pajak Bank posisi 31 Desember 2012 adalah Rp 355.986 juta, taksiran pajak penghasilan sebesar Rp 76.604 juta, dan pajak tangguhan sebesar Rp 12.110 juta. Sehingga besarnya laba tahun berjalan yang dapat diperhitungkan sebesar 50% tahun 2012 adalah Rp 139.690 juta. 2.2 Faktor Pengurang

2.2 Deduction Factors

Salah satu faktor pengurang untuk cadangan tambahan modal adalah selisih kurang antara PPA atas aset produktif dengan cadangan penurunan nilai atas aset produktif yang merupakan s e l i s i h k u r a n g a n t a r a t o t a l P PA (cadangan umum dan cadangan khusus atas seluruh aset produktif) yang wajib dihitung dengan total cadangan kerugian penurunan nilai (impairement) atas



One of the deduction factors for additional capital reserves is provision for possible asset loss and provision for impairment value of earning assets, which is the difference between total PPA (general and special reserves for all productive assets) that should be accounted with the allowance for


197

seluruh aset produktif baik secara individu maupun secara kolektif yang telah dibentuk.

impairment losses on all productive assets, both individually and collectively.

B e s a r n y a t o t a l P PA y a n g w a j i b diperhitungkan posisi 31 Desember 2012 adalah Rp 218.324 juta dan total cadangan kerugian penurunan nilai posisi 31 Desember 2012 adalah Rp 100.368 juta sehingga besarnya faktor pengurang yang diperoleh dari selisih kurang antara PPA dan cadangan kerugian penurunan nilai atas aset produktif sebesar Rp 117.956 juta.

The amount of provision for possible asset loss and provision for impairment value of earning assets obliged to be calculated as of December 31, 2012 was Rp 218,324 million and the total allowance for impairment losses as of December 31, 2012 was Rp 100,368 million, thus the deduction factor obtained from the difference between PPA and the allowance for impairment losses on productive assets amounted to Rp 117,956 million.

3. Faktor Pengurang Modal Inti

3. Core Capital Deduction Factors

Faktor pengurang modal inti adalah jumlah penyertaan Bank pada perusahaan anak yaitu PT Resona Indonesia Finance sebesar Rp 42.228 juta. Besarnya penyertaan Bank yang diperhitungkan sebagai faktor pengurang modal inti sebesar 50% dari jumlah penyertaan yaitu sebesar Rp 21.114 juta. B.

Modal Pelengkap (Tier 2)

B.

Supplementary Capital (Tier 2)

Modal pelengkap diperoleh dari pengurangan modal pelengkap level atas (upper tier 2) dengan faktor pengurang modal pelengkap berupa penyertaan Bank pada perusahaan anak PT Resona Indonesia Finance. Modal pelengkap Bank posisi 31 Desember 2012 sebesar Rp 115.223 juta. Berikut beberapa komponen dari modal pelengkap:

Supplementary capital is obtained from the deduction of upper supplemental capital with deduction factor of supplementary capital in the form of the Bank’s investment in subsidiary PT Bank Resona Indonesia Finance. Bank’s supplementary capital as of December 31, 2012 a m o u n t e d t o R p 11 5 , 2 2 3 m i l l i o n . T h e components of supplementary capital are as follows:

1. Modal Pelengkap Level Atas (Upper Tier 2)

1. Upper Supplementary Capital (Upper Tier 2)

Modal pelengkap level atas terdiri dari berbagai macam komponen salah satunya revaluasi aset tetap yang sebelumnya telah diklasifikasikan ke saldo laba sebesar 45% dan cadangan umum PPA atas aset produktif yang wajib dihitung dengan jumlah paling tinggi sebesar 1.25% dari Aset Tertimbang Menurut Risiko (ATMR) untuk risiko kredit. Jumlah modal pelengkap level atas setelah memperhitungkan komponen diatas adalah sebesar Rp 136.337 juta.

1.1. Revaluasi Aset Tetap Sebesar 45% Nilai revaluasi aset tetap sebesar 45% diperoleh dari nilai revaluasi aset tetap yang merupakan faktor pengurang bagi cadangan umum

198

Deduction from core capital is the Bank's investment in its subsidiary, namely PT Resona Indonesia Finance, amounted to Rp 42,228 million. The Bank’s investment considered as the deduction factor of core capital is 50% of the investment, so amounted to Rp 21,114 million.


Upper supplemental capital consists of various components, one of which is revaluation of fixed assets that had previously been classified to 45% retained earnings and the general reserve of PPA toward productive assets obliged to be calculated by the amount of a maximum of 1.25% of Risk Weighted Assets (RWA) for credit risk. The upper tier 2 supplemental capital after taking into account the above components amounted to Rp 136,337 million. 1.1. Revaluation of Fixed Assets at 45% Revaluation value of fixed assets at 45% obtained from revaluation value of fixed assets, which is a deduction factor of general reserve capital in



modal pada modal inti yaitu sebesar Rp 109.635 juta sehingga nilai revaluasi aset tetap sebesar 45% adalah Rp 49.336 juta.

capital core amounted to Rp 109,635 million, thus the revaluation value of fixed assets at 45% amounted to Rp 49,336 million.

1.2. Cadangan Umum PPA atas Aset Produktif yang Wajib Dibentuk dengan Jumlah Paling Tinggi sebesar 1,25% dari Aset Tertimbang Menurut Risiko (ATMR) untuk Risiko Kredit

1.2. General Reserve of Provision for Possible Asset Loss and Provision for Impairment Value of Earning Obliged to be Form by the Highest Amount of 1.25% of Risk Weighted Assets (RWA) for Credit Risk.

Jika nilai cadangan umum PPA atas aset produktif lebih besar dari 1,25% dari ATMR untuk risiko kredit maka nilai yang dapat diperhitungkan sebagai komponen modal pelengkap level atas adalah nilai 1,25% dari ATMR untuk risiko kredit. Dalam hal ini nilai ATMR untuk risiko kredit sebesar Rp 8.767.907 juta maka 1,25% dari ATMR untuk risiko kredit adalah Rp 109.599 juta sedangkan nilai cadangan umum PPA atas aset produktif yang wajib dibentuk adalah Rp 87.001 juta sehingga besarnya cadangan umum atas aset produktif yang dapat diperhitungkan sebagai komponen modal pelengkap adalah Rp 87.001 juta.

If the value of general reserve of provision for possible asset loss and provision for impairment value of e a r n i n g a s s e t s ( P PA ) t o w a r d productive assets is greater than 1.25% of risk weighted assets (RWA) for Credit Risk, thus the value calculated as a component of upper tier 2 supplementary capital is 1.25% of the Risk Weighted Assets (RWA) for Credit Risk. In this case, the value of RWA for Credit Risk amounted to Rp 8,767,907 million, thus 1.25% of the RWA for Credit Risk is Rp 109,599 million. Meanwhile, the value of PPA toward productive assets to be form is Rp 87,001 million. So, the amount of general reserve toward productive assets that can be calculated as the general reserve of supplementary capital is Rp 87,001 million.

2. Faktor Pengurang Modal Pelengkap Faktor pengurang modal pelengkap adalah jumlah penyertaan Bank pada perusahaan anak yaitu PT Resona Indonesia Finance sebesar Rp 42.228 juta. Besarnya penyertaan Bank yang diperhitungkan sebagai faktor pengurang modal pelengkap sebesar 50% dari jumlah penyertaan yaitu sebesar Rp 21.114 juta.

2. Deduction Factor for Supplementary Capital Deduction factor for supplementary capital is the Bank’s investment in its subsidiary, namely PT Resona Indonesia Finance, amounted to Rp 42,228 million. The Bank’s investment accounted for deduction factor for supplementary capital at 50% of the investment amount is Rp 21,114 million.

METODE PENILAIAN KECUKUPAN MODAL

CAPITAL ADEQUACY ASSESSMENT METHOD

Metode pendekatan yang digunakan Bank dalam menilai kecukupan modal Bank untuk risiko kredit, risiko pasar, dan risiko operasional adalah sebagai berikut:

The approaching method that Bank uses to approach in assessing Bank’s capital adequacy for credit risk, market risk, and operational risk are as follows:




199

1.

1.

Risiko Kredit

Credit Risk

Metode pendekatan yang digunakan Bank dalam menilai kecukupan modal Bank untuk risiko kredit adalah dengan menggunakan p e n d e k a t a n s t a n d a r. P e n d e k a t a n i n i berpedoman pada Surat Edaran Bank Indonesia (SEBI) No. 13/6/DPNP tanggal 18 Februari 2011 perihal Pedoman Perhitungan Aset Tertimbang Menurut Risiko (ATMR) untuk Risiko Kredit dengan Menggunakan Pendekatan Standar.

The method the Bank applies in assessing the Bank’s capital adequacy for credit risk is through the standard approach, which is based on Bank Indonesia Circular Letter No. 13/6/DPNP dated February 18, 2011 about the calculation guideline of Risk Weighted Assets (RWA) for credit risk that uses standardized approach.

Bank belum menggunakan metode internal dalam mengukur risiko tersebut disebabkan oleh beberapa hal sebagai berikut:

Bank’s has not yet used internal method in measuring such risk due to following matters:

a. Bank tidak memiliki variasi jenis risiko kredit yang signifikan. Jenis kredit umumnya didominasi oleh kredit korporasi modal kerja dan investasi.

a. Bank’s does not have variations in the types of significant credit risk. Generally, credit risk is dominated by working capital corporate loan and investment.

b. Bank belum memiliki aset berisiko lainnya yang memungkinkan terjadinya gagal bayar (misalnya obligasi korporasi, dll) atau dengan kata lain produk Bank masih sederhana.

b. Bank’s has not yet had other risk assets that are likely to lead failure payment (for instance, corporate obligation, etc.) or in other words, the Bank’s products are still not complicated.

c. Perhitungan menggunakan metode internal memerlukan infrastruktur data, sistem dan sumber daya manusia yang memadai yang harus dipersiapkan dengan baik, termasuk belum adanya peraturan Bank Indonesia yang mengatur (baik dalam bentuk peraturan resmi maupun consultative paper).

c. Calculation using internal method needs reliable data infrastructure, system and human resources, all should be prepared well, as there still no regulations of Bank Indonesia that regulated such issues (even in the form of official regulation or consultative paper).

d. Perhitungan dengan metode standar diyakini sangat memadai,karena sudah memperhitungkan mitigasi risiko kredit yaitu agunan yang eligible, termasuk implementasi hair cut 8% untuk eksposur dan jaminan dalam mata uang berbeda.

d. Calculation using standard method is deemed to be reliable, as it calculates credit risk mitigation, namely eligible collateral, including 8% ‘hair cut’ implementation for exposure and guarantee in different currencies.

e. Sudah mempertimbangkan risiko settlement yaitu risiko atas transaksi yang mengalami kegagalan settlement lebih dari 4 (empat) hari kerja.

e. Having considered settlement risk, namely risk on transactions experiencing settlement failure for more than 4 (four) working days.

2.

2.

Risiko Pasar Bank menghitung kebutuhan modal risiko pasar dengan menggunakan metode standar sesuai dengan Surat Edaran Bank Indonesia No. 9/33/DPNP tanggal 18 Desember 2007 dan perubahannya yaitu No. 14/21/DPNP tanggal 18 Juli 2012 perihal Pedoman Penggunaan Metode Standar dalam Perhitungan Kewajiban Penyediaan Modal Minimum Bank Umum dengan Memperhitungkan Risiko Pasar. Bank hanya menghitung risiko suku bunga dan risiko nilai tukar, sedangkan risiko komoditas dan risiko ekuitas diabaikan karena Bank tidak memiliki transaksi yang terekspos risiko ekuitas maupun komoditas.

200


Market Risk Bank’s calculated market risk capital needs using standard method in accordance with Bank Indonesia Circular Letter No. 9/33/DPNP dated December 18, 2007 and its amendment, No. 14/21/DPNP dated July 18, 2012 about the Guideline for the Use of Standard Method in Calculating Capital Adequacy of Commercial Banks while taking into account the market risk. The Bank only calculates the interest rate ratio and exchange rate risk. Meanwhile, commodity risk and equity risk are disregarded because the Bank does not have transactions that are exposed to equity risk or commodity risk.



Bank Indonesia telah mengijinkan Bank untuk menggunakan metode internal (Internal Measurement Approach–IMA) dalam perhitungan kecukupan modal, namun Bank masih menggunakan metode standar. Hal ini disebabkan oleh beberapa hal sebagai berikut:

Bank Indonesia has allowed the Bank’s to use Internal Measurement Approach–IMA in the calculation of adequacy capital. However, the Bank still uses standard method because of the following matters:

a. Perhitungan metode internal belum memberikan insentif bagi Bank dari sisi capital charge, dikarenakan metode internal menggunakan multiplication factor dan plus factor berdasarkan hasil back testing. Sehingga capital charge yang dihasilkan lebih besar dibanding metode standar.

a. Internal method calculation has yet to give incentive for the Bank in terms of capital charge, as the method uses multiplication factor and plus factor based on the result of back testing. Thus, capital charge generated is higher than standard method.

b. Produk treasury Bank sangat terbatas dan masih plain vanilla, termasuk belum memiliki eksposur signifikan dalam trading book sehingga metode standar masih memadai.

b. Bank’s treasury products are very limited as they are still in ‘plain vanilla’. The products haven’t had significant exposure in the trading book yet, hence method standard is still adequate.

c. Risiko pasar terbesar Bank adalah risiko nilai tukar yang masih dapat dihitung dan diukur berdasarkan posisi devisa netto (PDN).

c. Bank’s biggest market risk is currency rate risk that can still be calculated and measured in the basis of ‘net foreign exchange position’

3.

3.

Risiko Operasional

Operational Risk

Metode pendekatan yang digunakan Bank untuk menghitung pembebanan modal untuk risiko operasional adalah metode Pendekatan Indikator Dasar (PID). Perhitungan dengan pendekatan ini berpedoman pada Surat Edaran Bank Indoensia No. 11/3/DPNP tanggal 27 Januari 2009 perihal Perhitungan Aset Tertimbang Menurut Risiko (ATMR) untuk Risiko Operasional dengan Menggunakan Pendekatan Indikator Dasar (PID) yaitu:

Bank’s method applies in calculating capital charge for operational risk is Basic Indicator Approach (BIA). The calculation using this approach is in accordance with Bank Indonesia Circular Letter No. 11/3/DPNP dated January 27, 2009 about the calculation guideline Risk Weighted Assets (RWA) for operational risk that uses Basic Indicator Approach, that is:

ATMR = 12.5 x Beban Modal

RWA = 12.5 x Capital Charge

Beban modal dihitung berdasarkan rata-rata dari penjumlahan pendapatan bruto (gross income) tahunan yang positif pada 3 (tiga) tahun terakhir dikali 15% (lima belas persen).

Capital charge is calculated based on the average last three years of annual positive gross income multiplied by 15% (fifteen percent).

Penggunaan metode pendekatan standar dan advance belum diperlukan dalam menghitung pembebanan modal untuk risiko operasional karena Bank masih menganggap perhitungan beban modal untuk risiko operasional dengan pendekatan indikator dasar masih memadai dalam mengantisipasi risiko operasional.

The use of a standardized approach and advanced method has not yet been necessary in calculating capital charge for operational risk because the Bank still considers the calculation of capital charge for operational risk using Basic Indicator Approach is still adequate in anticipation of operational risk.




201

Komposisi permodalan PT Bank Resona Perdania posisi 31 Desember 2012 dapat dilihat pada tabel di bawah ini:

No I

Composition of capital at PT Bank Resona Perdania as of December 31, 2012 can be seen in the following table:

Komponen Modal / Composition of Capital

Individual / Individual

KOMPONEN MODAL COMPOSITION OF CAPITAL A. Modal Inti Core Capital

1.502.968.518.712

1. Modal Disetor Paid-up Capital

285.000.000.000

2. Cadangan Tambahan Modal Additional Capital Reserve

1.239.082.485.283

3. Modal Inovatif Innovative Capital

-

4. Faktor Pengurang Modal Inti Core Capital Deduction Factors

(21.113.966.571)

5. Kepentingan Non Pengendali Non Controlling Interests

-

B. Modal Pelengkap Supplementary Capital

115.222.691.779

1. Level Atas (Upper Tier 2)

136.336.658.350

2. Level Bawah (Lower Tier 2) Maksimum 50% Modal Inti A maximum of 50% Core Capital

-

3. Faktor Pengurang Modal Pelengkap Supplementary Capital Deduction Factors

II

(21.113.966.571)

C. Faktor Pengurang Modal Inti dan Modal Pelengkap Eksposur Sekuritisasi Deduction Factors of Core Capital and Supplementary Capital Securitization Exposure

-

D. Modal Pelengkap Tambahan (Tier 3) Additional Supplementary Capital (Tier 3)

-

E. MODAL PELENGKAP TAMBAHAN YANG DIALOKASIKAN MENGANTISIPASI RISIKO PASAR ADDITIONAL SUPPLEMENTARY CAPITAL ALLOCATED IN ANTICIPATION OF MARKET RISK

-

TOTAL MODAL INTI DAN MODAL PELENGKAP (A+B-C) TOTAL OF CORE CAPITAL AND SUPPLEMENTARY CAPITAL (A+B-C)

1.618.191.210.491

TOTAL MODAL INTI, MODAL PELENGKAP, DAN MODAL PELENGKAP TAMBAHAN YANG DIALOKASIKAN UNTUK MENGANTISIPASI RISIKO PASAR (A + B - C + E) III TOTAL OF CORE CAPITAL, SUPPLEMENTARY CAPITAL AND ADDITIONAL SUPPLEMENTARY CAPITAL ALLOCATED IN ANTICIPATION OF MARKET RISK (A+B-C+E) IV

ASET TERTIMBANG MENURUT RISIKO (ATMR) UNTUK RISIKO KREDIT RISK WEIGHTED ASSETS (RWA) FOR CREDIT RISK

V

ASET TERTIMBANG MENURUT RISIKO (ATMR) UNTUK RISIKO OPERASIONAL RISK WEIGHTED ASSETS (RWA) FOR OPERATIONAL RISK

202



1.618.191.210.491

8.767.911.211.536

730.166.509.888


VI

ASET TERTIMBANG MENURUT RISIKO (ATMR) UNTUK RISIKO PASAR RISK WEIGHTED ASSETS (RWA) FOR MARKET RISK

12.869.657.200

A. Metode Standar A. Standard Method

12.869.657.200

B. Metode Internal B. Internal Method

-

TOTAL ATMR (Risiko Kredit, Pasar dan Operasional) TOTAL RWA ( Credit, Market and Operational Risks) RASIO KEWAJIBAN PENYEDIAAN MODAL MINIMUM UNTUK RISIKO KREDIT, VII RISIKO OPERASIONAL DAN RISIKO PASAR [III : (IV + V + VI)] CAPITAL ADEQUACY RATION FOR CREDIT AND OPERATIONAL AND RISKS [III : (IV + V + VI)]



9.510.947.378.624

17.01%


203

1. PENGUNGKAPAN MENGENAI PENERAPAN MANAJEMEN RISIKO BANK SECARA UMUM

1. GENERAL DISCLOSURE OF THE BANK’S RISK MANAGEMENT IMPLEMENTATION

Manajemen risiko dapat berfungsi sebagai alat pengendali risiko dan juga sebagai alat untuk mendukung kegiatan usaha Bank dimana tujuan utama dari manajemen risiko adalah melaksanakan prinsip kehati-hatian bank dalam menjalankan aktivitas operasionalnya. Pengelolaan operasional PT Bank Resona Perdania sedapat mungkin terintegrasi dalam satu sistem pengelolaan risiko yang akurat dan komprehensif dan mampu menganalisa dan mengelola seluruh risiko yang terkait.

Risk management can serve as a means of controlling risks and also as a tool of supporting the Bank’s business activities, in line with the main purpose of risk management in which the Bank implements the prudential principle in running the B a n k ’s o p e r a t i o n a l a c t i v i t i e s . O p e r a t i o n a l management of PT Bank Resona Perdania should be integrated into an accurate and comprehensive risk management system enable of analyzing and managing all the related risks.

a.

a.

b.

204

Pengawasan aktif Dewan Komisaris dan Direksi

Active Supervision by the Board of Commissioners and the Board of Directors

Efektifitas dari penerapan manajemen risiko di Bank merupakan bagian yang tak terpisahkan dari tanggung jawab Dewan Komisaris dan Direksi dan dalam upaya untuk melakukan pengawasan serta mitigasi risiko secara aktif maka Dewan Komisaris dan Direksi dituntut untuk memiliki pemahaman yang baik atas risiko-risiko yang dihadapi oleh Bank dalam menjalankan kegiatan usahanya.

Effectiveness of the Bank’s risk management implementation is an integral part of the responsibilities of the Board of Commissioners and the Board of Directors. In an effort to supervise and actively mitigate risks, thus the Board of Commissioners and the Board of Directors are required to have a good understanding of the risks faced by the Bank in running its business activities.

Adanya forum Komite Pemantauan Risiko yang diadakan secara berkala guna membahas laporan profil risiko yang dibuat oleh Bagian Risk Manajemen mengenai hasil penilaian Bank terhadap profil risiko yang dihadapi mendukung Dewan Komisaris dan Direksi untuk memiliki pemahaman yang baik atas risiko-risiko yang Bank hadapi.

The Risk Monitoring Committee forum, which is held regularly to discuss about the risk profile report made by the Risk Management division on the Bank's assessment of the risk profile being faced, supports the Board of Commissioners and the Board of Directors to have a good understanding of the risks the Bank faces.

Kecukupan kebijakan, prosedur dan penetapan limit

b.

Adequacies of policies, procedures and limits

Dalam menjalankan visi, misi dan strategi bisnisnya, Bank telah memiliki kebijakan dan prosedur manajemen risiko serta limit risiko sebagai bagian dari penerapan manajemen risiko yang efektif. Kebijakan dan prosedur tersebut juga sudah dilengkapi dengan toleransi risiko dan limit risiko untuk setiap jenis risiko yang Bank hadapi.

In executing its vision, mission and business strategies, the Bank has policies, risk management procedures and risk limits as part of the implementation of effective risk management. Policies and procedures are also equipped with the risk tolerance and the risk limits for each type of risk the Bank faces.

Strategi manajemen risiko yang dibuat oleh Bank dibuat berdasarkan strategi bisnis Bank secara keseluruhan dengan memperhatikan tingkat risiko yang akan diambil dan toleransi risiko yang telah ditentukan oleh Bank.

Bank’s Risk management strategies has drafted are based on the Bank’s overall business strategies with respect to the levels of risks to be taken and the risk tolerance the Bank has determined.

Penetapan limit dilakukan secara komperehensif atas seluruh aspek yang terkait dengan risiko, yang mencakup limit secara keseluruhan dan limit per risiko. Limit yang telah ditetapkan tersebut di review secara berkala oleh Direksi dan/atau Bagian Manajemen Risiko untuk menyesuaikan terhadap perubahan kondisi yang terjadi.

The limit is set comprehensively based on all aspects that relate to risks, which include overall limits and the limit per risk. The limit set is periodically reviewed by the Board of Directors and/or the Risk Management division to adjust to changing conditions.




c.

Kecukupan proses identifikasi, pengukuran, pemantauan, dan pengendalian risiko, serta Sistem Informasi Manajemen Risiko.

c.

Adequacy of the processes in risk identification, measurement, monitoring and control, as well as Risk Management Information System.

Identifikasi

Identification

Tujuan identifikasi adalah untuk mengidentifikasi seluruh sumber risiko yang ada dan potensial pada produk dan aktifitas bank termasuk risiko dari produk dan aktifitas baru. Prinsip-prinsip pengidentifikasian risiko adalah sebagai berikut:

The purpose of identification is to identify all sources of existing and potential risks to the Bank's products and activities, including risks of new products and activities. The principles of risk identification are as follows:

a) Bersifat proaktif. b) Mencakup seluruh aktivitas fungsional. c) Menggabungkan dan menganalisa informasi risiko dari seluruh sumber informasi yang tersedia. d) Menganalisa probabilitas timbulnya risiko serta dampaknya.

a) Becoming proactive. b) Covering all functional activities. c) Combining and analyzing risk information from all available sources of information.

Pengukuran

Measurement

Metode pengukuran Risiko dilakukan secara kuantitatif dan/atau kualitatif. Metode pengukuran yang digunakan untuk risiko kredit, risiko pasar dan risiko operasional menggunakan metode yang ditetapkan oleh Bank Indonesia dalam rangka penilaian Risiko dan perhitungan modal sesuai dengan peraturan Bank Indonesia yang berlaku maupun metode yang dikembangkan sendiri oleh Bank. Namun untuk risiko pasar, Bank juga sudah mengembangkan metode internal yang ditujukan untuk kepentingan internal Bank.

Risk measurement method is applied quantitatively and/or qualitatively. The measurement method applied in credit risk, market risk and operational risk uses the method determined by Bank Indonesia, so as to assess the risk and capital calculation in accordance with applicable regulation of Bank Indonesia and method the Bank has developed. For the market risk, nevertheless, the Bank has developed an internal method intended for the Bank’s internal purposes.

Pemantauan

Monitoring

Bagian Manajemen Risiko melakukan pemantauan terhadap implementasi strategi manajemen risiko yang direkomendasikan oleh Komite Manajemen Risiko dan yang telah disetujui oleh Direksi serta memantau posisi/ eksposur risiko. Apabila terdapat perubahan kegiatan usaha Bank, produk, transaksi, faktor risiko, teknologi informasi dan sistem informasi Manajemen Risiko yang bersifat material, Bank harus melakukan penyempurnaan proses pelaporannya.

Risk Management Division monitors the implementation of risk management strategies that are recommended by Risk Management Committee and have been approved by the Board of Directors. The division also monitors risk position with exposure. Should there be a change, which is material, in the Bank's business activities, products, transactions, risk factors, information technology and risk management information system, the Bank should make improvements on the reporting process.

Pengendalian

Control

Proses pengendalian Risiko yang diterapkan Bank disesuaikan dengan eksposur Risiko maupun tingkat Risiko yang akan diambil dan toleransi Risiko yang dapat diterima.

The risk control process the Bank has applied is adjusted with the risk exposure and the level of risk to be taken with acceptable risk tolerance.

Sistem Informasi Manajemen Risiko

Risk Management Information System

Bank mengembangkan Sistem Informasi Manajemen untuk kebutuhan manajemen risiko secara berkelanjutan dengan

The Bank has developed a Management Information System for the needs of sustainable risk management, by considering the volume of


d) Analyzing the probability of emerging risk and its impact.



205

risk exposure and the ability of the system. The development of management information system takes into account the Bank’s consolidated needs, thus the Bank can measure the risk exposure in the business activities of the Bank and its subsidiary in accurate, informative and timely manner.

mempertimbangkan volume eksposur risiko dan kemampuan sistem. Pengembangan sistem informasi manajemen memperhatikan kebutuhan bank secara konsolidasi sehingga Bank dapat mengukur eksposur risiko baik pada kegiatan usaha bank dan perusahaan anak secara akurat, informatif, dan tepat waktu. d.

d.

Sistem pengendalian intern yang menyeluruh.

The implementation of the Bank's effective and reliable internal control system becomes the responsibility of the entire operational and supporting unit, as well as Internal Audit Work Unit. In applying an effective internal control system to the implementation of the Risk Management, the Bank refers to the policies and procedures that have been set, in which the four eyes principle is to be adequately and consistently applied.

Terselenggaranya sistem pengendalian intern Bank yang handal dan efektif menjadi tanggung jawab dari seluruh satuan kerja operasional dan satuan kerja pendukung serta Satuan Kerja Audit Intern. Dalam melaksanakan sistem pengendalian intern secara efektif dalam penerapan Manajemen Risiko, Bank mengacu pada kebijakan dan prosedur yang telah ditetapkan dimana penerapan prinsip pemisahan fungsi (four eyes principle) harus memadai dan dilaksanakan secara konsisten. 2.

206

PENGUNGKAPAN MENGENAI PENERAPAN MANAJEMEN RISIKO BANK SECARA KHUSUS

Comprehensive system of internal control.

2.

SPECIFIC DISCLOSURE OF THE BANK’S RISK MANAGEMENT IMPLEMENTATION

a. Risiko Kredit

a. Credit Risk

1. Pengungkapan Umum

1. General Disclosure

Penerapan manajemen risiko untuk risiko kredit

Risk management implementation for credit risk

Dalam upaya menjaga risiko kredit yang melekat pada kegiatan usaha Bank agar tetap terkendali pada batas yang dapat diterima serta masih memberikan keuntungan, Bank berpedoman kepada termasuk namun tidak terbatas pada Kebijakan Perkreditan dan Kebijakan Manajemen Risiko Kredit yang ditetapkan oleh Direksi dengan persetujuan Dewan Komisaris, dimana pemisahan fungsi kerja (segregation of duty) dan four eyes principle telah diimplementasikan dengan baik dalam proses pemberian kredit untuk masing-masing unit terkait.

In an effort to maintain the credit risk inherent in the Bank’s business activities, which are controllable and acceptable with profit contribution, the Bank has set the guideline that includes but not limited to Credit Policy and Credit Risk Management Policy set by the Board of Directors with the approval of the Board of Commissioners, wherein the segregation of duty and four eyes principle have been well implemented in the process of lending to each relevant unit.

Aktivitas dari eksposur risiko kredit Bank yang signifikan berasal dari transaksi pemberian kredit yang mencapai kurang lebih 70% dari total eksposur Bank yang memiliki risiko kredit, sehingga strategi manajemen risiko kredit lebih difokuskan untuk mengelola pemberian kredit agar dapat mengoptimalkan pendapatan namun tetap berdasarkan Prinsip Kehati-hatian dalam pemberian kredit.

Activities of the Bank's significant credit risk exposures come from lending transactions that have reached approximately 70% of the Bank's total exposures with credit risk. Thus, credit risk management strategy is more focused on managing the provision of credit in order to optimize revenue, yet staying in comformity with the banking prudent principles.

Bank telah menetapkan limit yang diperlukan untuk mengelola risiko konsentrasi kredit seperti limit eksposur untuk masing-masing sektor ekonomi yang direview 2 kali dalam setahun dan juga penetapan soft limit terhadap limit yang telah ditetapkan oleh Bank Indonesia sesuai peraturan Bank Indonesia mengenai Batas Maksimum Pemberian Kredit.

The Bank has set limits necessary to manage the concentration of credit risk as exposure limits for each of the economic sectors that are reviewed two times a year, as well as soft limit set by Bank Indonesia which is in accordance with Bank Indonesia regulation on Maximum Limit of Credit Provision.




Untuk mengukur risiko kreditnya, Bank menggunakan metode pendekatan standar, pengukuran ini menggunakan konsep Risiko Kredit yang ditetapkan dalam Basel II dimana risiko kredit diukur berdasarkan eksposur yang memiliki peringkat eksternal.

To measure the credit risk, the Bank uses the standard approach method. This measurement uses the concept of Credit Risk set in the Basel II, in which credit risk is measured based on the exposure with external rank.

Definisi dari tagihan yang telah jatuh tempo mengacu kepada Surat Edaran Bank Indonesia No. 13/ 6/ DPNP perihal Pedoman Perhitungan Aset Tertimbang Menurut Risiko untuk Risiko Kredit dengan Menggunakan Pendekatan Standar, yaitu tagihan yang telah jatuh tempo lebih dari 90 hari, baik atas pembayaran pokok dan/ atau pembayaran bunga, sedangkan tagihan yang mengalami penurunan nilai adalah tagihan yang terdapat bukti obyektif kerugian akibat terjadinya satu atau lebih peristiwa yang merugikan yg berdampak pada estimasi arus kas yang akan datang yang dapat diestimasi secara andal.

Definition of the bill that is due refers to the Bank Indonesia Circular Letter No. 13/6/DPNP on the Guideline of Weighted Assets Calculation in conformity with Risk and Credit Risk using Standard Approach, which is bills with more than 90 days overdue, either for principal or interest payment. As for the bills with decreasing value is those with the objective evidence of loss due to the occurrence of one or more adverse events, which have the impact to cash flows and can be reliably estimated.

Pendekatan yang digunakan untuk pembentukan Cadangan Kerugian Penurunan Nilai (CKPN) kolektif menggunakan metode migrasi dari Probability of Default (PD) menggunakan data 5 tahun, lalu Loss Given Default menggunakan data recovery rate berdasarkan data historis Bank 5 tahun terakhir, serta Loss Identification Period yang merupakan waktu yang diperlukan oleh Bank untuk mengidentifkasi adanya kejadian kerugian. Sedangkan, untuk CKPN individual dibentuk dengan menggunakan arus kas masa mendatang yang didiskonto menggunakan suku bunga efektif awal dari kredit.

The approach used for the formation of Allowance for Impairment Losses (CKPN) applies migration method, from Probability of Default (PD) using the five-year data to Loss Given Default using data recovery rate based on the Bank’s historical data within the last five years as well as Loss Identification Period which is the time the Bank needs to identify the incidence of losses. Meanwhile, the individual Allowance for Impairment Losses uses future cash flows discounted at initial effective interest rate.

Tagihan Bersih berdasarkan wilayah yang dibagi kedalam 5 kelompok wilayah dari lokasi proyek debitur sebagai berikut:

Net Receivables based on region, divided into 5 groups of the debtors’ project site areas:




207

Tabel 2.1 a. Pengungkapan Tagihan Bersih berdasarkan Wilayah - Bank secara Individual Disclosure of Net Claims by Region - Individual Bank (dalam jutaan Rupiah) (in million Rupiah)

31 Desember 2012 / 31 December 2012 No.

Kategori Portofolio Portfolio Categories

1

Tagihan Kepada Pemerintah Claims on Sovereign

2

Tagihan Kepada Entitas Sektor Publik Claims on Public Sector Entities

3

Tagihan Kepada Bank Pembangunan Multilateral dan Lembaga Internasional Claims on Multilateral Development Banks and International Institutions

4

Tagihan Kepada Bank Claims on Bank

5

Kredit Beragun Rumah Tinggal Residential Mortgage Loans

6

Kredit Beragun Properti Komersial Commercial Property Mortgage Loans

7

Kredit Pegawai/ Pensiunan Retired Employee Loans

8

Tagihan Kepada Usaha Mikro, Usaha Kecil dan Portofolio Ritel Claims on Micro, Small dan Retail Portfolio

9

Tagihan kepada Korporasi Claims on Corporate

10 Tagihan yang Telah Jatuh Tempo Claims on Past Due 11 Aset Lainnya Other Assets 12 Eksposur di Unit Usaha Syariah (apabila ada) Exposure in Units of Sharia (when available)

Total

208


Tagihan Bersih Berdasarkan Wilayah / Net Claims by Region Jakarta Jakarta

Banten Banten

Jawa Barat Jawa Timur West Java Jawa Tengah East Java Central Java

Luar Jawa Outside Java

Luar Negeri Overseas

Total Total

1.955.909

-

-

-

-

-

-

1.955.909

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

509.697

-

50.024

-

-

-

612.708

1.172.430

-

-

-

-

-

-

-

-

9.638

108.208

-

-

-

37.419

-

155.264

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4.743.192

40.128

1.977.257

341.970

533.139

744.228

-

8.379.915

54.549

-

-

-

-

-

-

54.549

164.291

-

-

-

-

-

-

164.291

-

-

-

-

-

-

-

-

7.437.277

148.336

2.027.281

341.970

533.139

781.646


612.708 11.882.358


Tabel 2.1.b Pengungkapan Tagihan Bersih berdasarkan Wilayah - Bank secara Konsolidasi dengan Perusahaan Anak Disclosure of Net Claims By Region - Bank Consolidated with Subsidiary (dalam jutaan Rupiah) (in million Rupiah)



1


2


3


4

Tagihan Kepada Bank Claims on The Bank

5


6


7

Kredit Pegawai/ Pensiunan Retired/ Employee Loans Tagihan Kepada Usaha Mikro, Usaha Kecil dan Portofolio Ritel Claims on Micro, Small and Retail Portfolio

8

9


Tagihan Bersih Berdasarkan Wilayah / Net Claims by Region Jakarta Jakarta

Jawa Barat Jawa Tengah Jawa Timur Luar Jawa Luar Negeri West Java Central Java East Java Outside Java Overseas

Total Total

1.955.909

-

-

-

-

-

-

1.955.909

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

509.697

-

50.024

-

-

-

612.708

1.172.430

-

-

-

-

-

-

-

-

9.638

108.208

-

-

-

37.419

-

155.264

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4.720.676

53.485

2.195.048

342.578

571.447

763.405

-

8.646.640

54.549

-

-

-

-

-

-

54.549

165.692

-

-

-

-

-

-

165.692

-

-

-

-

-

-

-

-

7.416.162

161.693

2.245.072

342.578

571.447

800.824

10 Tagihan yang Telah Jatuh Tempo Claims on Past Due 11 Aset Lainnya Other Assets

Banten Banten

12 Eksposur di Unit Usaha Syariah (apabila ada) Exposure in Units of Sharia (when available)

Total



612.708 12.150.484


209

Mapping into the time scale was based on the remaining period to maturity as stated in the contract for the balance sheet, off balance sheet transactions and exposures with emerging credit risk due to the failure of counterparties whose contractual maturities are presented below:

Pemetaan kedalam skala waktu dilakukan berdasarkan sisa waktu sampai dengan jatuh tempo sesuai kontrak untuk pos neraca, transaksi rekening administratif dan eksposur yang menimbulkan risiko kredit akibat kegagalan pihak lawan yang memiliki jatuh tempo kontraktual disajikan sebagai berikut:

Tabel 2.2.a. Pengungkapan Tagihan Bersih Berdasarkan Sisa Jangka Waktu Kontrak - Bank secara Individual Disclosure of Net Claims Based Remaining Contract Term - Individual Bank (dalam jutaan Rupiah) (in million Rupiah)

31 Desember 2012 / 31 December 2012

No.


1


2


3


4

Tagihan Kepada Bank Charges to The Bank

5


6


7

Kredit Pegawai/ Pensiunan Retired/ Employee Loans

8

Tagihan Kepada Usaha Mikro, Usaha Kecil dan Portofolio Ritel Claims on Micro, Small and Retail Portfolio

9


10

Tagihan yang Telah Jatuh Tempo Claims on Past Due

11

Aset Lainnya Other Assets

12

Eksposur di Unit Usaha Syariah (apabila ada) Exposure in Units of Sharia (when available) Total

210


Tagihan Bersih Berdasarkan Sisa Jangka Waktu Kontrak Net Claims Based Remaining Contract Term < 1 tahun < 1 year

> 1 thn s.d. 3 thn > 1 year until 3 years

> 3 thn s.d. 5 thn > 3 years until 5 years

> 5 thn Non-Kontraktual > 5 years Non-Contractual

Total

1.283.243

-

-

-

672.666

1.955.909

-

-

-

-

-

-

-

-

-

-

-

-

337.839

260.791

-

-

573.800

1.172.430

-

-

-

-

-

-

9.638

145.626

-

-

-

155.264

-

-

-

-

-

-

-

-

-

-

-

-

5.978.851

1.236.683

1.070.120

92.285

1.976

8.379.915

-

-

54.549

-

-

54.549

-

-

-

-

164.291

164.291

-

-

-

-

-

-

7.609.571

1.643.100

1.124.669

92.285

1.412.734

11.882.358



Tabel 2.2.b. Pengungkapan Tagihan Bersih Berdasarkan Sisa Jangka Waktu Kontrak - Bank secara Konsolidasi dengan Perusahaan Anak Disclosure of Net Claims Based on Remaining Contract Term - Bank Consolidated with Subsidiary (dalam jutaan Rupiah) (in million Rupiah)


Tagihan Bersih Berdasarkan Sisa Jangka Waktu Kontrak Net Claims Based Remaining Contract Term

Kategori Portofolio Portfolio Categories < 1 tahun < 1 year

> 1 thn s.d. 3 thn > 1 year until 3 years

> 3 thn s.d. 5 thn > 3 years until 5 years

(3)

(4)

(5)

> 5 thn Non-Kontraktual > 5 years Non-Contractual

(1)

(2)

1


1.283.243

-

-

-

672.666

1.955.909

2


-

-

-

-

-

-

3


-

-

-

-

-

-

4


337.839

260.791

-

-

573.800

1.172.430

-

-

-

-

-

-

9.638

145.626

-

-

-

155.264

-

-

-

-

-

-

-

-

-

-

-

-

5.942.090

1.438.240

1.172.049

92.285

1.976

8.646.640

-

-

54.549

-

-

54.549

315

-

-

-

165.377

165.692

-

-

-

-

-

-

7.573.125

1.844.657

1.226.598

92.285

5


6


7

Kredit Pegawai/ Pensiunan Retired/ Employee Loans

8

Tagihan Kepada Usaha Mikro, Usaha Kecil dan Portofolio Ritel Claims on Micro, Small and Retail Portfolio

9

Tagihan kepada Korporasi Charges to Corporate

10


11


12

Eksposur di Unit Usaha Syariah (apabila ada) Exposure in Units of Sharia (when available)

Total


(6)


(7)

Total Total (8)

1.413.819 12.150.484


211

Pengungkapan Tagihan Bersih berdasarkan sektor ekonomi adalah sebagai berikut:

Pengungkapan Tagihan Bersih berdasarkan sektor ekonomi adalah sebagai berikut:

Tabel 2.3.a. Pengungkapan Tagihan Bersih Berdasarkan Sektor Ekonomi - Bank secara Individual ( dalam jutaan Rupiah ) Disclosure of Net Claims by Economic Sector – Individual Bank ( In million Rupiah )

Tabel 2.3.b. Pengungkapan Tagihan Bersih Berdasarkan Sektor Ekonomi - Bank secara Konsolidasi dengan Perusahaan Anak ( dalam jutaan Rupiah ) Disclosure of Net Claims by Economic Sector - Bank Consolidated with Subsidiary ( in million Rupiah )

212




No.

1

2 3 4 5 6 7

8

9

10 11

12

13 14

15

16

17

18

19 20

Tagihan Kepada Bank Tagihan Pembangunan Kredit Kepada Multilateral dan Kredit Tagihan Entitas Tagihan Beragun Beragun Lembaga Properti Kepada Sektor Kepada Rumah Sektor Ekonomi Internasional Publik Bank Tinggal Komersial Economic Sectors Pemerintah Claims on Claims on Claims on Claims on Residential Commercial Multilateral Property Sovereign Public Bank Mortgage Mortgage Development Sector Loans Banks and Loans Entities International Institutions Posisi Tanggal Laporan Pertanian, Perburuan dan Kehutanan Agriculture, Hunting and Forestry Perikanan Fisheries Pertambangan dan Penggalian Mining and Quarrying Industri Pengolahan Processing Industry Listrik, Gas dan Air Electricity, Gas and Water Konstruksi Construction 108.208 Perdagangan Besar dan Eceran Wholesale and Retail Trade Penyediaan Akomodasi dan Penyediaan Makan Minum Accommodation Providers and food and Beverage Providers Transportasi, Pergudangan dan Komunikasi Transportation, Storage and Communication Perantara Keuangan Financial Brokers - 1.172.430 Real Estate, Usaha Persewaan dan Jasa Perusahaan Real Estate, Rental Business, and 47.057 Corporate Services Administrasi Pemerintahan, Pertahanan dan Jaminan Sosial Wajib Public Administration, Defense and Compulsory Social Security 1.955.909 Jasa Pendidikan Education Services Jasa Kesehatan dan Kegiatan Sosial Health Services and Social Activities Jasa Kemasyarakatan, Sosial Budaya, Hiburan dan Perorangan Lainnya Social Services, Socio-Cultural, Entertainment and Other Individual Jasa Perorangan yang Melayani Rumah Tangga Households Personal Services Badan Internasional dan Badan Ekstra Internasional Lainnya International and Extra International Agencies Kegiatan yang belum jelas batasannya Undefined activities Bukan Lapangan Usaha Not a Business Field Lainnya Others Total

1.955.909

-


-

1.172.430

-

155.264

Tagihan Kepada Usaha Mikro, Usaha Kecil dan Portofolio Ritel Claims on Small dan Retail Portfolio


Eksposur di Unit Tagihan Aset Usaha Syariah yang Telah Lainnya (apabila ada) Jatuh Tempo Other Exposure in Units Claims on Assets of Sharia (when Past Due available)


-

-

37.795

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3.900.924

54.549

-

-

-

-

-

-

-

-

-

-

125.443

-

-

-

-

-

1.659.065

-

-

-

-

-

10.000

-

-

-

-

-

435.157

-

-

-

-

-

968.482

-

-

-

-

-

1.085.261

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

151.808

-

-

-

-

-

5.979

-

-

-

-

-

-

-

164.291

-

-

-

8.379.915

54.549

164.291

-



213

214

(2)

(1)

-

-

-

Listrik, Gas dan Air Electricity, Gas and Water

Konstruksi Construction

Perdagangan Besar dan Eceran Wholesale and Retail Trade

Penyediaan Akomodasi dan Penyediaan Makan Minum Accommodation Providers and food and Beverage Providers Transportasi, Pergudangan dan Komunikasi Transportation, Storage and Communication Perantara Keuangan Financial Brokers

5

6

7

8


13

12

11

10

9

-

Total

-

Lainnya Others

1.955.909

-

-

-

-

20

19

18

17

16

15

-

-

1.955.909

-

-

-

Jasa Kesehatan dan Kegiatan Sosial Health Services and Social Activities Jasa Kemasyarakatan, Sosial Budaya, Hiburan dan Perorangan Lainnya Social Services, Socio-Cultural, Entertainment and Other Individual Jasa Perorangan yang Melayani Rumah Tangga Households Personal Services Badan Internasional dan Badan Ekstra Internasional Lainnya International and Extra International Agencies Kegiatan yang belum jelas batasannya Undefined activities Bukan Lapangan Usaha Not a Business Field


14

Real Estate, Usaha Persewaan dan Jasa Perusahaan Real Estate, Rental Business and Corporate Services Administrasi Pemerintahan, Pertahanan dan Jaminan Sosial Wajib Public Administration, Defense and Compulsory Social Security Jasa Pendidikan Education Services

-

Industri Pengolahan Processing Industry

4

-

-

Pertambangan dan Penggalian Mining and Quarrying

3

-

-

2

Pertanian, Perburuan dan Kehutanan Agriculture, Hunting and Forestry Perikanan Fisheries

(3)

(4)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Kepada Tagihan Kepada Tagihan Entitas Sektor Pemerintah Publik Claims on Claims on Public Sovereign Sector Entities

1

Posisi Tanggal Laporan

Sektor Ekonomi Economic Sectors

No.

PT Bank Resona- Perdania (5)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-


-

-

-

-

-

-

-

-

-

1.172.430

-

-

-

-

-

-

-

-

-

-

1.172.43

(6)


(7)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

155.264

-

-

-

-

-

-

-

-

-

47.057

-

-

-

-

108.208

(8)

(9)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(10)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

37.795

8.646.640

107

5.979

151.808

-

-

17.265

-

-

-

1.085.261

903.407

477.858

10.000

1.665.271

136.097

-

4.155.791

(11)

(12)

54.549

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

54.549

-

-

-

Kepada Kredit Beragun Kredit Pegawai/ Tagihan Kredit Beragun Properti Usaha Mikro, Komersial Tagihan kepada Tagihan yang Rumah Tinggal Pensiunan Usaha Kecil dan Commercial Korporasi Telah Jatuh Tempo Residential Retired Employee Portofolio Ritel Claims Property Mortgage on Corporate Claims on Past Due Mortgage Loans Loans Claims on Small Loans dan Retail Portfolio

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

165.692

165.692

(13)


(14)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-


(dalam jutaan Rupiah) (in million Rupiah)

Berikut dibawah ini Tagihan dan Pencadangan berdasarkan wilayah:

Below is the Claims and Allowance for Impairment based on the region:

Tabel 2.4.a. Pengungkapan Tagihan dan Pencadangan Berdasarkan Wilayah - Bank secara Individual Disclosure of Claims and Allowance for Impairment by Region – Individual Bank

No.

Keterangan Information

1

Tagihan Claims

2

Tagihan yang Mengalami Penurunan Nilai (impaired) Impaired Claims a. Belum Jatuh Tempo Not Past Due Yet

a. Telah Jatuh Tempo

3

4

5

Past Due Cadangan Kerugian Penurunan Nilai (CKPN) - Individual Provision for Possible Losses – Individual Cadangan kerugian penurunan nilai (CKPN) - Kolektif Provision for Possible Losses - Collective Tagihan yang Dihapus Buku Written-Off Claims


31 Desember 2012 / 31 December 2012 Jakarta Jakarta

Wilayah / Region Jawa Barat Jawa Tengah Jawa Timur West Java Central Java East Java

Banten Banten

Luar Jawa Outside Java

Luar Negeri Overseas

Total Total

609.730 11.198.576

6.841.978

142.202

1.987.805

331.337

525.210

760.314

437.003

-

35.631

-

-

-

-

472.634

327.687

-

35.631

-

-

-

-

363.319

109.316

-

-

-

-

-

-

109.316

75.310

-

18.508

-

-

-

-

93.818

147

135

1,443

-

124

336

-

2.184

-

-

-

-

29.271

-

-

29.271

Tabel 2.4.b. Pengungkapan Tagihan dan Pencadangan Berdasarkan Wilayah - Bank secara Konsolidasi dengan Perusahaan Anak Disclosure of Claims and Allowance for Impairment By Region - Bank Consolidated with Subsidiary (dalam jutaan Rupiah) (in million Rupiah)


Keterangan Information

1

Tagihan Claims

2

Tagihan yang Mengalami Penurunan Nilai (impaired) Impaired Claims


Wilayah / Region Jakarta Jakarta

Banten Banten

Jawa Barat Jawa Tengah West Java Central Java

Jawa Timur East Java

Luar Jawa Luar Negeri Outside Java Overseas

6.820.187

155.559

2.205.596

331.945

563.518

779.492

609.730

11.466.026

437.003

-

35.631

-

-

-

-

472.634

327.687

-

35.631

-

-

-

-

363.319

a. Belum Jatuh Tempo Not Past Due Yet

a. Telah Jatuh Tempo Past Due

Total Total

109.316

-

-

-

-

-

-

109.316

3

Cadangan Kerugian Penurunan Nilai (CKPN) - Individual Provision for Possible Losses – Individual

75.310

-

18.508

-

-

-

-

93.818

4

Cadangan kerugian penurunan nilai (CKPN) - Kolektif Provision for Possible Losses - Collective

293

269

2.885

-

248

672

-

4.368

5

Tagihan yang Dihapus Buku Written-Off Claims

-

-

-

-

29.271

-

-

29.271




215

Pengungkapan Tagihan dan Pencadangan berdasarkan sektor ekonomi adalah sebagai berikut:

Disclosure of Claims and Allowance for Impairment based on the economic sector is as follows:

Tabel 2.5.a. Pengungkapan Tagihan dan Pencadangan Berdasarkan Sektor Ekonomi - Bank secara Individual Disclosure of Claims and Allowance for Impairment by Economic Sector – Individual Bank

No.

1 2 3 4 5 6 7 8

9

10 11

12

13 14

15

16 17

18 19 20

Sektor Ekonomi Economic Sectors

Posisi Tanggal Laporan Reporting Date Pertanian, Perburuan dan Kehutanan Agriculture, Hunting and Forestry Perikanan Fisheries Pertambangan dan Penggalian Mining and Quarrying Industri Pengolahan Processing Industry Listrik, Gas dan Air Electricity, Gas and Water Konstruksi Construction Perdagangan Besar dan Eceran Wholesale and Retail Trade Penyediaan Akomodasi dan Penyediaan Makan Minum Accommodation Providers and food and Beverage Providers Transportasi, Pergudangan dan Komunikasi Transportation, Storage and Communication Perantara Keuangan Financial Brokers Real Estate, Usaha Persewaan dan Jasa Perusahaan Real Estate, Rental Business, and Corporate Services Administrasi Pemerintahan, Pertahanan dan Jaminan Sosial Wajib Public Administration, Defense and Compulsory Social Security Jasa Pendidikan Education Services Jasa Kesehatan dan Kegiatan Sosial Health Services and Social Activities Jasa Kemasyarakatan, Sosial Budaya, Hiburan dan Perorangan Lainnya Social Services, Socio-Cultural, Entertainment and Other Individual Jasa Perorangan yang Melayani Rumah Tangga Households Personal Services Badan Internasional dan Badan Ekstra Internasional Lainnya International and Extra International Agencies Kegiatan yang belum jelas batasannya Undefined activities Bukan Lapangan Usaha Not a Business Field Lainnya Others Total

216



Tagihan yang Mengalami Penurunan Nilai Impaired Claims

Tagihan Claims

Cadangan Cadangan Kerugian Kerugian Penurunan Nilai Tagihan yang Penurunan Nilai (CKPN) – Individual Hapus Buku (CKPN) – Kolektif Provision for Written-Off Telah Provision for Claims Jatuh Tempo Possible Losses – Possible Losses Individual Past Due Collective

Belum Jatuh Tempo Not Past Due Yet

37.919

-

-

-

123

-

-

-

-

-

-

-

-

-

-

-

-

-

3.954.592

-

109.316

54.766

1.811

29.271

-

-

-

-

-

-

215.676

-

-

-

-

-

1.585.372

15.828

-

2.796

249

-

10.000

-

-

-

-

-

470.329

347.490

-

36.256

-

-

2.136.505

-

-

-

-

-

1.114.851

-

-

-

-

-

1.955.909

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

151.808

-

-

-

-

-

5.979

-

-

-

-

-

32.271

-

-

-

-

-

11.671.210

363.319

109.316

93.818

2.184

29.271



Tabel 2.6.b. Pengungkapan Rincian Mutasi Cadangan Kerugian Penurunan Nilai - Bank secara Konsolidasi dengan Perusahaan Anak Disclosure of Provision of Possible Losses Mutation Details - Bank Consolidated with Subsidiary (dalam jutaan Rupiah) (in million Rupiah)

31 Desember 2012 / December 31, 2012 Keterangan Information

No.

1

Saldo Awal CKPN Provision of Possible Losses Beginning Balance

2

Pembentukan (pemulihan) CKPN pada Periode Berjalan (Net) Provisions (Reversal of Provisions) of Possible Losses in Current Year 2.a

Pembentukan CKPN pada Periode Berjalan Provisions of Possible Losses in Current Year

2.b

Pemulihan CKPN pada Periode Berjalan Reversal of Provisions of Possible Losses in Current Year

3

CKPN yang Digunakan untuk Melakukan Hapus Buku atas Tagihan pada Periode Berjalan Provisions of Possible Losses that used for Write-off in Current Year

4

Pembentukan (pemulihan) Lainnya pada Periode Berjalan Other Provisions (Other Reversal of Provisions) in Current Year

CKPN Individual Provision of Possible Losses - Individual

Saldo Akhir CKPN Provision of Possible Losses Ending Balance



CKPN Kolektif Provision of Possible Losses - Collective

114.558.632.257

6.538.362.336

5.140.208.011

(77,658,011)

36.256.336.541

487.449.073

(31.116.128.530)

(565.107.084)

29.284.886.166

-

3.404.261.360

226.307.821

93.818.215.462

6.687.012.146


217

2. P e n g u n g k a p a n r i s i k o k r e d i t d e n g a n pendekatan standar

2. Disclosure of credit risk with the standard approach

Peringkat yang digunakan dalam menghitung Aktiva Tertimbang Menurut Risiko (ATMR) untuk risiko kredit adalah peringkat terkini yang dikeluarkan oleh lembaga pemeringkat yang diakui oleh Bank Indonesia sesuai ketentuan Bank Indonesia yang mengatur mengenai lembaga pemeringkat dan peringkat yang diakui Bank Indonesia.

Rating used in calculating Risk Weighted Assets (RWA) for credit risk is the latest rating issued by rating agencies that are recognized by Bank Indonesia, as in accordance with Bank Indonesia stipulation that governs matters related to rating.

Berdasarkan posisi laporan per 31 Desember 2012, kategori portfolio Bank yang menggunakan peringkat hanya untuk Tagihan kepada Bank dan Tagihan kepada korporasi.

Based on the report as of December 31, 2012, the Bank's portfolio categories using only ratings to the Claims on Bank and Claims on corporation.

Lembaga pemeringkat yang digunakan sesuai ketentuan Bank Indonesia yang mengatur mengenai lembaga pemeringkat dan peringkat yang diakui Bank Indonesia, yaitu lembaga pemeringkat internasional; Standard and Poor’s (S&P), Moody’s Investor Service dan Fitch Ratings, sedangkan untuk lembaga pemeringkat lokal, yaitu; PT. Pemeringkat Efek Indonesia (Pefindo), PT. Fitch Ratings Indonesia dan ICRA Indonesia.

Rating agencies used is those that are in accordance with Bank Indonesia stipulation that governs matters related to rating. They are international rating agencies, namely; Standard and Poor's (S & P), Moody's Investors Service and Fitch Ratings, while for local rating agencies, they are PT. The Securities Indonesia (Pefindo), PT. Fitch Ratings Indonesia and ICRA Indonesia.

Untuk risiko kredit pihak lawan (Counterparty Credit Risk), eksposur Bank hanya berasal dari transaksi derivatif saja.

For Counterparty Credit Risk, the Bank’s exposure only comes from derivative transactions.

Pengungkapan Tagihan Bersih berdasarkan kategori portfolio dan skala peringkat adalah sebagai berikut:

Disclosure of Net Receivables portfolio by category and rating scale is as follows:

Untuk pengungkapan risiko kredit pihak lawan (Counterparty Credit Risk), Bank hanya memiliki eksposur tersebut yang berasal dari transaksi derivatif, berikut dibawah ini tabelnya:

For disclosure of Counterparty Credit Risk, the Bank only has the exposure that comes from derivative transactions, as detailed in the table below:

218







219




2

3


1

No.

AAA (idn)

[Idr]AAA

idAAA

PT ICRA Indonesia

PT Pemeringkat Efek Indonesia

Aaa

AAA

AAA

PT. Fitch Ratings Indonesia

Moody's

Fitch Rating

Standard and Poor's

Lembaga Pemeringkat Rating Agencies

-

-

-

-

-

idA+ s.d id A-

[Idr]A+ s.d [Idr]A-

[Idr]AA+ s.d [Idr]AA-

idAA+ s.d idAA-

A+(idn) s.d. A-(idn)

A1 s.d A3

A+ s.d A-

A+ s.d A-

AA+(idn) s.d AA-(idn)

-

Aa1 s.d Aa3

AA+ s.d AA-

AA+ s.d AA-

-

-

-

BB+(idn) s.d BB(idn)

BBB+(idn) s.d BBB(idn)

-

-

-

-

-

-

id BBB+ s.d id BB+ s.d id BBBid BB-

[Idr]BBB+ [Idr]BB+ s.d [Idr]BBB- s.d [Idr]BB-

Ba1 s.d Ba3

BB+ s.d BB-

BBB+ s.d BBB-

Baa1 s.d Baa3

BB+ s.d BB-

BBB+ s.d BBB-

Peringkat Jangka Panjang Long Term Rating

id B+ s.d id B-

[Idr]B+ s.d [Idr]B-

B+(idn) s.d B-(idn)

B1 s.d B3

B+ s.d B-

B+ s.d B-

-

-

-

-

-

-

idA1

-

-

-

[Idr]A1+ s.d [Idr]A1

Kurang dari [Idr] BLess than (Idr) BKurang dari idBLess than idB-

F1+(idn) s.d F1(idn)

Kurang dari B(idn) Less than B- (idn)

P-1

F1+ s.d F1

Kurang dari BLess than B-

Kurang dari B3 Less than B3

A-1


Tagihan Bersih / Net Charges

31 Desember 2012 / December 31, 2012

Tabel 3.1.a. Pengungkapan Tagihan Bersih Berdasarkan Kategori Portofolio dan Skala Peringkat - Bank secara Individual Disclosure of Net Claims by Portfolio Category and Rating Scale - Individual Bank

idA2

[Idr]A2+ s.d [Idr] A2

F2(idn)

P-2

F2

A-2

-

-

-

Kurang dari F3 (idn) Less than F3 (idn)

Kurang dari P-3 Less than P-3

Kurang dari F3 Less than F3

Kurang dari A-3 Less than A-3

idA3 s.d id A4

-

-

-

-

-

-

Kurang dari idA4 Less than idA4

[Idr]A3+ Kurang dari [Idr] s.d [Idr] A3 A3 Less than (Idr) A3

F3(idn)

P-3

F3

A-3

Peringkat Jangka Pendek Short Term Rating

Tanpa Peringkat Non Rated

-

-

-

Total

-

-

-


220












5

6

7

8

9

10

11

12

TOTAL


4

8

-

-

-

-

-

-

-

-

8

78.226

-

-

-

-

-

-

-

-

78.226

720.278

-

-

-

67.764

-

-

-

-

652.514

357.596

-

-

-

-

-

-

-

-

357.596

4.697

-

-

-

-

-

-

-

-

4.697

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8.391.539

-

-

-

8.312.151

-

-

-

-

79.389

9.552.344

-

-

-

8.379.915

-

-

-

-

1.172.430




221

2

1

No.




[Idr]AAA

idAAA

PT ICRA Indonesia

PT Pemeringkat Efek Indonesia

Aaa

Moody's

AAA (idn)

AAA

Fitch Rating

PT. Fitch Ratings Indonesia

AAA

Standard and Poor's

Lembaga Pemeringkat Rating Agencies

-

-

-

idA+ s.d id A-

-

-

[Idr]A+ s.d [Idr]A-

[Idr]AA+ s.d [Idr]AA-

idAA+ s.d idAA-

A+(idn) s.d. A-(idn)

A1 s.d A3

A+ s.d A-

A+ s.d A-

AA+(idn) s.d AA-(idn)

-

Aa1 s.d Aa3

AA+ s.d AA-

AA+ s.d AA-

-

-

-

-

id BBB+ id BB+ s.d s.d id BBBid BB-

[Idr]BB+ s.d [Idr]BB-

[Idr]BBB+ s.d [Idr] BBB-

Ba1 s.d Ba3

Baa1 s.d Baa3

BB+(idn) s.d BB-(idn)

BB+ s.d BB-

BBB+ s.d BBB-

id B+ s.d id B-

[Idr]B+ s.d [Idr]B-

B+(idn) s.d B-(idn)

B1 s.d B3

B+ s.d B-

B+ s.d B-

-

-

idA1

Kurang dari idBLess than idB-

-

[Idr]A1+ s.d [Idr]A1

Kurang dari [Idr]BLess than (Idr) B-

-

-

F1+(idn) s.d F1(idn)

P-1

F1+ s.d F1

A-1

Kurang dari B(idn) Less than B(idn)

-

Kurang dari B3 Less than B3



Tagihan Bersih / Net Charges

BBB+(idn) s.d BBB(idn)

BB+ s.d BB-

BBB+ s.d BBB-

Peringkat Jangka Panjang Long Term Rating


Tabel 3.1.b. Pengungkapan Tagihan Bersih Berdasarkan Kategori Portofolio dan Skala Peringkat - Bank secara Konsolidasi dengan Perusahaan Anak Disclosure of Net Claims by Portfolio Category and Rating Scale - Bank Consolidated with Subsidiary

F3(idn)

P-3

F3

A-3

Kurang dari F3 (idn) Less than F3 (idn)

Kurang dari P-3 Less than P-3

Kurang dari F3 Less than F3

Kurang dari A-3 Less than A-3

idA2

-

-

-

-

idA3 s.d id A4

-

-

Kurang dari idA4 Less than idA4

Kurang dari [Idr]A3 [Idr]A2+ s.d [Idr]A3+ s.d [Idr]A2 [Idr] A3 Less than (Idr) A3

F2(idn)

P-2

F2

A-2

Peringkat Jangka Pendek Short Term Rating

Tanpa Peringkat Non Rated

-

-

Total

-

-


222





9

TOTAL



8

12


7



6

11


5



4

10


3

8

-

-

-

-

-

-

-

-

8

-

78.226

-

-

-

-

-

-

-

-

78.226

-

720.278

-

-

-

67.764

-

-

-

-

652.514

-

357.596

-

-

-

-

-

-

-

-

357.596

-

4.697

-

-

-

-

-

-

-

-

4.697

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8.658.264

-

-

-

8.578.876

-

-

-

-

79.389

-

9.819.070

-

-

-

8.646.640

-

-

-

-

1.172.430

-

Untuk pengungkapan risiko kredit pihak lawan (Counterparty Credit Risk), Bank hanya memiliki eksposur tersebut yang berasal dari transaksi derivatif, berikut dibawah ini tabelnya:

For disclosure of Counterparty Credit Risk, the Bank only has the exposure that comes from derivative transactions, as detailed in the table below:

Tabel 3.2.a. Pengungkapan Risiko Kredit Pihak Lawan: Transaksi Derivatif Disclosure of Counterparty Credit Risk: Derivative Transactions


31 Desember 2012 / December 31, 2012 No

Variabel yang Mendasari Underlying Variables

Tagihan Bersih Tagihan Tagihan Kewajiban sebelum Bersih Derivatif Derivatif MRK MRK setelah MRK < 1 Tahun > 1 Tahun - < 5 Tahun > 5 Tahun Derivative Derivative Net Claim CRM Net Claim < 1 Year > 1 Year - < 5 Years > 5 Years Claim Liabilties before after CRM CRM Notional Amount

BANK SECARA INDIVIDUAL INDIVIDUAL BANK 1 Suku Bunga Interest Rate 2 Nilai Tukar

Exchange Rate 3 Lainnya Others TOTAL

-

-

-

-

-

-

-

-

887.510

6.003

-

13.936

7.824

23.111

-

23.111

-

-

-

-

-

-

-

-

887.510

6.003

-

13.936

7.824

23.111

-

23.111

-

-

-

-

-

-

-

-

BANK SECARA KONSOLIDASI CONSOLIDATED BANK 1 Suku Bunga Interest Rate 2 Nilai Tukar Exchange Rate

887.510

6,003

-

13,860

7,824

23,035

-

23,035

3 Saham Shares

-

-

-

-

-

-

-

-

4 Emas Gold

-

-

-

-

-

-

-

-

5 Logam selain Emas Metal except Gold

-

-

-

-

-

-

-

-

6 Lainnya Others

-

-

-

-

-

-

-

-

887.510

6.003

-

13.860

7.824

23.035

-

23.035

TOTAL

Tabel 3.2.b.1. Pengungkapan Risiko Kredit Pihak Lawan: Transaksi Repo - Bank secara Individual Disclosure of Counterparty Credit Risk: Individual Bank Bank tidak memiliki eksposur Transaksi Repo Bank has no Repo Transactions exposure Tabel 3.2.b.2. Pengungkapan Risiko Kredit Pihak Lawan: Transaksi Repo - Bank secara Konsolidasi dengan Perusahaan Anak Disclosure of Counterparty Credit Risk: Repo Transaction - Bank Consolidated with Subsidiary Bank tidak memiliki eksposur Transaksi repo secara Konsolidasi dengan perusahaan Anak Bank has no Repo Transactions exposure Consolidated with Subsidiary Tabel 3.2.c.1. Pengungkapan Risiko Kredit Pihak Lawan: Transaksi Reverse Repo - Bank secara Individual Disclosure of Counterparty Credit Risk: Reverse Repo Transactions - individual Bank Bank tidak memiliki eksposur Transaksi Reverse Repo Bank has no Reverse Repo Transactions exposure Tabel 3.2.c.2. Pengungkapan Risiko Kredit Pihak Lawan: Transaksi Reverse Repo - Bank secara Konsolidasi dengan Perusahaan Anak Disclosure of Counterparty Credit Risk: Reverse Repo Transactions - Bank Consolidated with Subsidiary Bank tidak memiliki eksposur Transaksi Reverse Repo secara Konsolidasi dengan perusahaan Anak Bank has no Reverse Repo Transactions exposure Consolidated with Subsidiary




223

3. Pengungkapan Mitigasi risiko kredit dengan menggunakan pendekatan standar

3. Disclosure of Credit Risk mitigation by using Standardized Approach

Dalam kebijakan Bank mengenai agunan utama yang diterima, Bank dapat menerima tanah dan bangunan, mesin-mesin, peralatan, blokir rekening dan juga standby lc, namun dalam hal mitigasi risiko kredit dan juga mengedepankan prinsip kehati-hatian yang tinggi, Bank hanya mengakui jaminan yang setara dengan jaminan tunai sebagai pengurang dari eksposur risiko kredit, seperti blokir rekening dan juga standby lc.

According to the Bank's policy on primary collateral received, the Bank may accept land and building, machinery, equipment, blocked account and standby lc. However, in terms of credit risk mitigation and the implementation of banking prudent principles, the Bank only recognizes collateral equivalent to cash collateral as the reduction of credit risk exposure, such as blocked account and standby lc.

Nilai jaminan yang diakui tersebut harus tidak boleh lebih besar eksposur kredit yang Bank miliki, serta jangka waktu dari jaminan tersebut minimal harus sama dengan jangka waktu eksposur kredit.

The value of the collateral must not be higher than the Bank’s credit exposure, and the collateral period must be at least equal to the period of the credit exposure.

Sesuai dengan pasal 35 PBI no. 14/15/PBI/2012 aktiva produktif diatas Rp 5,000,000,000.- (Lima Milyar Rupiah) secara prinsip penilaian agunan harus dilakukan oleh penilai independen untuk agunan tanah, bangunan dan juga mesin-mesin. Bank juga melakukan revaluasi agunan untuk memastikan apakah ada perubahan-perubahan antara data yang ada dengan kenyataan yang ada di lokasi agunan, seperti peningkatan,penurunan, perkembangan lokasi serta perubahan lingkungan yang dilakukan secara berkala.

Based on Article 35 of Bank Indonesia Regulation no. 14/15/PBI/2012, earning assets above Rp 5,000,000,000. - (Five Billion Rupiah) in principle appraisal must be performed by an independent appraiser for land mortgage, building and machinery. The Bank also regularly conducts revaluation of the collateral to ensure whether there are changes between the existing data with the factual value in the location of collateral, such as an increase/ decrease in the value of the collateral, the development of the location, as well as environmental changes.

Berdasarkan data posisi 31 Desember 2012, pihak pemberi garansi (standby lc) lebih banyak diberikan oleh perusahaan induk dari Bank, yaitu Resona Jepang yang memiliki peringkat investment grade, yaitu A2 dari Moody's.

Based on data as of December 31, 2012, standby lc is given more by the Bank’s parent company, which is Resona Japan whose investment grade rated A2 by Moody’s.

Dari total Rp 331 milyar untuk agunan dan garansi yang Bank gunakan dalam teknik mitigasi risiko kredit, ada sebanyak 56% yang terkonsentrasi pada bobot risiko sebesar 0% dan sisanya terkonsentrasi pada bobot risiko 20% dan 50% dengan porsi untuk masing-masing bobot risiko sebesar 19% dan 25%.

From total Rp 331 billion for the Bank's collateral and guarantees the Bank uses for credit risk mitigation techniques, as much as 56% is concentrated in the 0% risk weight, and the remaining is concentrated in the risk weight of between 20% and 50% with portion for each risk weight accounted for 19% and 25%, respectively.

Berikut dibawah ini penyajian Tagihan Bersih berdasarkan bobot risiko setelah memperhitungkan dampak mitigasi risiko kredit, yaitu:

Below is the presentation of Net Receivables based on the risk weight after taking into account the impact of credit risk mitigation, namely:

224




Tabel 4.1.a. Pengungkapan Tagihan Bersih Berdasarkan Bobot Risiko Setelah Memperhitungkan Dampak Mitigasi Risiko Kredit - Bank secara Individual Disclosure of Net Claims Based on Risk Weighted After Impact Calculation of Credit Risk Mitigation - Individual Bank (dalam jutaan Rupiah) (in million Rupiah)

Kategori Portofolio No. Portfolio Categories

31 Desember 2012 / December 31, 2012 Tagihan Bersih Setelah Memperhitungkan Dampak Mitigasi Risiko Kredit Net Claims Based on Risk Weighted After Impact Calculation of Credit Risk Mitigation 0%

20%

35%

40%

45%

50%

75%

ATMR Risk Weighted 150% Lainnya Assets

100%

Beban Modal Capital Charges

A

Eksposur Neraca Exposure on Balance Sheet

1


1.955.909

-

-

-

-

-

-

-

-

-

-

2


-

-

-

-

-

-

-

-

-

-

-

3


-

-

-

-

-

-

-

-

-

-

-

4


-

901.766

-

-

- 264.877

-

1.198

-

313.990

25.119

5


-

-

-

-

-

-

-

-

-

-

-

6


-

-

-

-

-

-

-

155.264

-

155.264

12.421

7


-

-

-

-

-

-

-

-

-

-

-

8

Tagihan Kepada Usaha Mikro, Usaha Kecil dan Portofolio Ritel Claims on Small and Retail Portfolio

-

-

-

-

-

-

-

-

-

-

-

9

Tagihan kepada Korporasi Claims on Corporate 162.975

61.033

-

-

- 151.449

-

7.819.979

-

7.906.644 632.532

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10 Tagihan yang Telah Jatuh Tempo Claims on Past Due - 54.549

81.824

6.546

146.213

11.697

11 Aset Lainnya Other Assets



164.291

-


225

12 Eksposur di Unit Usaha Syariah (apabila ada) Exposure in Units of Sharia (when available) Total Eksposur Neraca Total Exposure on Balance Sheet B

Eksposur Kewajiban Komitmen/ Kontinjensi pada Transaksi Rekening Administratif Exposure on Commitments / Contingencies for off Balance Sheet Transactions

1


2


3

Tagihan Kepada Bank Pembangunan Multilateral dan Lembaga Internasional Claims on Multilateral Development Banks and International Institutions Tagihan Kepada Bank Claims on Bank

4

5


6


7


8


9


10 Tagihan yang Telah Jatuh Tempo Claims on Past Due

226


-

-

-

-

-

-

-

-

2.118.884

962.800

-

-

- 416.326

-

8.140.733 54.549

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

21.643

96

-

-

-

-

-

144.216

-

144.235

11.539

-

-

-

-

-

-

-

-

-

-

-


-

-

-

-

- 8.603.936 688.315


11 Eksposur di Unit Usaha Syariah (apabila ada) Exposure in Units of Sharia (when available) Total Eksposur TRA Total Exposure on Off Balance Transactions C

Eksposur akibat Kegagalan Pihak Lawan (Counterparty Credit Risk) Exposure on Counterparty Credit Risk

1


2


3


4


5


6


7


-

-

-

-

-

-

-

-

-

-

-

-

21.643

96

-

-

-

-

-

144.216

-

-

144.235

11.539

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4.453

-

-

-

134

-

-

-

1.217

97

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

18.523

-

18.523

1.482

-

-

-

-

-

-

-

-

-

-

-

-

-

4.453

-

-

134

-

-

19.740

1.579

Total Eksposur akibat Kegagalan Pihak Lawan Total Exposure on Counterparty Credit Risk


-


-

18.523


227

Tabel 4.1.b. Pengungkapan Tagihan Bersih Berdasarkan Bobot Risiko Setelah Memperhitungkan Dampak Mitigasi Risiko Kredit Bank secara Konsolidasi dengan Perusahaan Anak Disclosure Net Claims Based on Risk Weighted After Impact Calculation of Credit Risk Mitigation - Bank Consolidated with Subsidiary


31 Desember 2012 / December 31, 2012 No.


Tagihan Bersih Setelah Memperhitungkan Dampak Mitigasi Risiko Kredit Net Claims Based on Risk Weighted After Impact Calculation of Credit Risk Mitigation 0%

A

1

20%

35%

40%

45%

50%

75%

100%

150%

Lainnya

ATMR Beban Risk Modal Weighted Capital Assets Charges

Eksposur Neraca Exposure on Balance Sheet Tagihan Kepada Pemerintah Claims on Sovereign

1.955.909

-

-

-

-

-

-

-

-

-

-


-

-

-

-

-

-

-

-

-

-

-


-

-

-

-

-

-

-

-

-

-

-


-

901.766

-

-

- 264.877

-

1.198

-

313.990

25.119


-

-

-

-

-

-

-

-

-

-

-


-

-

-

-

-

-

-

155.264

-

155.264

12.421


-

-

-

-

-

-

-

-

-

-

-


-

-

-

-

-

-

-

-

-

-

-


162.975

61.033

-

-

- 151.449

- 8.086.780

-

8.238.445 659.076

Tagihan yang 10 Telah Jatuh Tempo Claims on Past Due

-

-

-

-

-

-

2

3

4

5

6

7

8

9

228


-


-

54.549

81.824

6.546



-

-

-

-

-

-

-

165.692

-

Eksposur di Unit Usaha Syariah (apabila ada) 12 Exposure in Units of Sharia (when available)

-

-

-

-

-

-

-

-

-

2.118.884

962.800

-

-

- 416.326

- 8.408.935

54.549

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

21.643

96

-

-

-

-

-

144.216

-

144.235

11.539

-

-

-

-

-

-

-

-

-

-

-

11

Total Eksposur Neraca Total Exposure on Balance Sheet

B

1

2

3

4

5

6

7

8

9

-

147.612

11.809

-

-

- 8.937.136 714.971

Eksposur Kewajiban Komitmen/ Kontinjensi pada Transaksi Rekening Administratif Exposure on Commitments / Contingencies for off Balance Sheet Transactions Tagihan Kepada Pemerintah Claims on Sovereign Tagihan Kepada Entitas Sektor Publik Claims on Public Sector Entities Tagihan Kepada Bank Pembangunan Multilateral dan Lembaga Internasional Claims on Multilateral Development Banks and International Institutions Tagihan Kepada Bank Claims on Bank Kredit Beragun Rumah Tinggal Residential Mortgage Loans Kredit Beragun Properti Komersial Commercial Property Mortgage Loans Kredit Pegawai/ Pensiunan Retired Employee Loans Tagihan Kepada Usaha Mikro, Usaha Kecil dan Portofolio Ritel Claims on Small dan Retail Portfolio Tagihan kepada Korporasi Claims on Corporate

Tagihan yang Telah 10 Jatuh Tempo Claims on Past Due




229

Eksposur di Unit Usaha Syariah (apabila ada) 11 Exposure in Units of Sharia (when available) Total Eksposur TRA Total Exposure on Off Balance Transactions

C

1

2

3

4

5

6

7

-

-

-

-

-

-

21.643

96

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

144.235

11.539

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4.453

-

-

-

134

-

-

-

1.217

97

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

18.447

-

18.523

1.482

-

-

-

-

-

-

-

-

-

-

-

-

-

4.453

-

-

134

18.447

-

-

19.740

1.579

144.216

-

-

Eksposur akibat Kegagalan Pihak Lawan (Counterparty Credit Risk) Exposure on Counterparty Credit Risk Tagihan Kepada Pemerintah Claims on Sovereign Tagihan Kepada Entitas Sektor Publik Claims on Public Sector Entities Tagihan Kepada Bank Pembangunan Multilateral dan Lembaga Internasional Claims on Multilateral Development Banks and International Institutions Tagihan Kepada Bank Claims on Bank Tagihan Kepada Usaha Mikro, Usaha Kecil dan Portofolio Ritel Claims on Small dan Retail Portfolio Tagihan kepada Korporasi Claims on Corporate Eksposur di Unit Usaha Syariah (apabila ada) Exposure in Units of Sharia (when available) Total Eksposur akibat Kegagalan Pihak Lawan Total Exposure on Counterparty Credit Risk

230

-


-

-



Tabel dibawah ini menyajikan pengungkapan Tagihan Bersih dan Teknik mitigasi risiko kredit, sebagai berikut:

The table below presents disclosure of Net Receivables and Credit Risk Mitigation Techniques, as follows:

Tabel 4.2.a. Pengungkapan Tagihan Bersih dan Teknik Mitigasi Risiko Kredit - Bank secara Individual Disclosure of Net Claims and Credit Risk Mitigation Techniques - Individual Bank (dalam jutaan Rupiah) (in million Rupiah)

31 Desember 2012 / December 31, 2012 No.


A


1


2

3

5


8

Garansi Guarantee

Asuransi Kredit Credit Insurance

Lainnya Others

1.955.909

-

-

-

1.955.909

-

-

-

-

-

-

-

-

-

-

1.167.842

-

-

-

1.167.842

-

-

-

-

-

155.264

-

-

-

155.264

-

-

-

-

-

-

-

-

-

-

8.195.437

162.975

146.301

-

7.886.161

54.549

-

-

-

54.549

164.291

-

-

-

164.291


4

7

Agunan Collateral

Bagian yang Tidak Dijamin Portion which not Secured



6

Tagihan Bersih Net Claims

Bagian yang Dijamin dengan Portion which Secured by

Kredit Beragun Properti Komersial Commercial Property Mortgage Loans Kredit Pegawai/ Pensiunan Retired Employee Loans Tagihan Kepada Usaha Mikro, Usaha Kecil dan Portofolio Ritel Claims on Small dan Retail Portfolio

9


10


11





231

12


Total Eksposur Neraca Total Exposure on Balance Sheet

-

-

-

-

11.693.293

162.975

146.301

-

-

11.384.016

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

165.955

21.643

96

-

144.216

-

-

-

-

-

-

-

-

-

-

-

165.955

21.643

96

-

-

144.216


1


2


3

4


5

Kredit Beragun Rumah Tinggal Residential Mortgage Loans Kredit Beragun Properti Komersial Commercial Property Mortgage Loans

6


7


8

9


10

Tagihan yang Telah Jatuh Tempo Claims on Past Due Eksposur di Unit Usaha Syariah (apabila ada) Exposure in Units of Sharia (when available)

Total Eksposur TRA Total Exposure on Off Balance Transactions

232

-

Eksposur Kewajiban Komitmen/ Kontinjensi pada Transaksi Rekening Administratif Exposure on Commitments / Contingencies for off Balance Sheet Transactions

B

11

-




C

Eksposur akibat Kegagalan Pihak Lawan (Counterparty Credit Risk) Exposure on Counterparty Credit Risk

1


2


3


4


5


6


7

Eksposur di Unit Usaha Syariah (apabila ada) Exposure in Units of Sharia (when available) Total Eksposur akibat Kegagalan Pihak Lawan Total Exposure on Counterparty Credit Risk


-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4.587

-

-

-

4.587

-

-

-

-

-

18.523

-

-

-

18.523

-

-

-

-

-

-

-

-

-

-

23.111

23.111



233

Tabel 4.2.b. Pengungkapan Tagihan Bersih dan Teknik Mitigasi Risiko Kredit - Bank secara Konsolidasi dengan Perusahaan Anak Disclosure of Net Claims and Credit Risk Mitigation Techniques - Bank Consolidated with Subsidiary


No.


A


1


2

3

4

5

6

7

8

9


Bagian yang Tidak Dijamin Portion which not Secured

1.955.909

-

-

-

1.955.909

-

-

-

-

-

-

-

-

-

-

1.167.842

-

-

-

1.167.842

-

-

-

-

-

155.264

-

-

-

155.264

-

-

-

-

-

-

-

-

-

-

8.462.238

162.975

146.301

-

8.152.962

54.549

-

-

-

54.549

165.692

-

-

-

165.692

Tagihan Kepada Entitas Sektor Publik Claims on Public Sector Entities Tagihan Kepada Bank Pembangunan Multilateral dan Lembaga Internasional Claims on Multilateral Development Banks and International Institutions Tagihan Kepada Bank Claims on Bank Kredit Beragun Rumah Tinggal Residential Mortgage Loans Kredit Beragun Properti Komersial Commercial Property Mortgage Loans Kredit Pegawai/ Pensiunan Retired Employee Loans Tagihan Kepada Usaha Mikro, Usaha Kecil dan Portofolio Ritel Claims on Small and Retail Portfolio Tagihan kepada Korporasi Claims on Corporate

10


11


234

31 Desember 2012 / December 31, 2012 Bagian yang Dijamin dengan Portion which Secured by Agunan Garansi Asuransi Kredit Lainnya Collateral Guarantee Credit Insurance Others




12

Eksposur di Unit Usaha Syariah (apabila ada) Exposure in Units of Sharia (when available) Total Eksposur Neraca Total Exposure on Balance Sheet

B

1

2

3

4

5

6

7

8

9

10

11

-

-

-

-

-

-

11.961.495

162.975

146.301

-

-

11.652.218

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

165.955

21.643

96

-

144.216

-

-

-

-

-

-

-

-

-

Eksposur Kewajiban Komitmen/ Kontinjensi pada Transaksi Rekening Administratif Exposure on Commitments / Contingencies for off Balance Sheet Transactions Tagihan Kepada Pemerintah Claims on Sovereign Tagihan Kepada Entitas Sektor Publik Claims on Public Sector Entities Tagihan Kepada Bank Pembangunan Multilateral dan Lembaga Internasional Claims on Multilateral Development Banks and International Institutions Tagihan Kepada Bank Claims on Bank Kredit Beragun Rumah Tinggal Residential Mortgage Loans Kredit Beragun Properti Komersial Commercial Property Mortgage Loans Kredit Pegawai/ Pensiunan Retired Employee Loans Tagihan Kepada Usaha Mikro, Usaha Kecil dan Portofolio Ritel Claims on Small and Retail Portfolio Tagihan kepada Korporasi Claims on Corporate Tagihan yang Telah Jatuh Tempo Claims on Past Due Eksposur di Unit Usaha Syariah (apabila ada) Exposure in Units of Sharia (when available)



-

-


235

Total Eksposur TRA Total Exposure on Off Balance Transactions

C

1

2

3

4

5

6

7

21.643

96

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4.587

-

-

-

4.587

-

-

-

-

-

18.447

-

-

-

18.447

-

-

-

-

-

-

-

-

-

-

23.035

-

144.216

Eksposur akibat Kegagalan Pihak Lawan (Counterparty Credit Risk) Exposure on Counterparty Credit Risk Tagihan Kepada Pemerintah Claims on Sovereign Tagihan Kepada Entitas Sektor Publik Claims on Public Sector Entities Tagihan Kepada Bank Pembangunan Multilateral dan Lembaga Internasional Claims on Multilateral Development Banks and International Institutions Tagihan Kepada Bank Claims on Bank

Tagihan Kepada Usaha Mikro, Usaha Kecil dan Portofolio Ritel Claims on Small and Retail Portfolio Tagihan kepada Korporasi Claims on Corporate Eksposur di Unit Usaha Syariah (apabila ada) Exposure in Units of Sharia (when available) Total Eksposur akibat Kegagalan Pihak Lawan Total Exposure on Counterparty Credit Risk

236

165.955


23.035



4. Pengungkapan Sekuritisasi Aset

4. Disclosure of Asset Securitization

Bank tidak memiliki ekposur sekuritisasi asset.

The Bank does not have the asset securitization exposure.

Berikut rincian dari perhitungan ATMR kredit untuk eksposur Aset di neraca, eksposur kewajiban komitmen/ kontinjensi pada Transaksi Rekening Administratif dan eksposur yang menimbulkan risiko kredit akibat kegagalan pihak lawan (Counterparty Credit Risk), sebagai berikut:

The following are the details of the credit riskweighted assets calculation to exposure assets in the balance sheet, exposure commitments / liabilities at Off Balance Sheet Transactions and exposures that pose credit risk due to the Counterparty Credit Risk:

Tabel 6.1.1. Pengungkapan Eksposur Aset di Neraca Disclosure of Assets Exposures in Balance Sheet


31 Desember 2012 / December 31, 2012 Kategori Portofolio Portfolio Categories

No

(1)

(2)

1


2


4

Tagihan Kepada Bank Pembangunan Multilateral dan Lembaga Internasional Claims on Multilateral Development Banks and International Institutions Tagihan Kepada Bank Claims on Bank

5


6


7


3

8 9

Tagihan Kepada Usaha Mikro, Usaha Kecil dan Portofolio Ritel Claims on Small dan Retail Portfolio Tagihan kepada Korporasi Claims on Corporate

10


11



ATMR Sebelum MRK RWA before CRM

ATMR Setelah MRK RWA after CRM

(3)

(4)

(5)

1.955.909

-

-

-

-

-

-

-

-

1.167.842

313.990

313.990

-

-

-

155.264

155.264

155.264

-

-

-

-

-

-

8.195.437

8.161.555

7.906.644

54.549

81.824

81.824

164.291 TOTAL


11.693.293


146.213 8.712.633

8.603.936


237

Tabel 6.1.2. Pengungkapan Eksposur Kewajiban Komitmen/ Kontinjensi pada Transaksi Rekening Administratif Disclosure of Commitments / Contingent Exposure on Balance Sheet


No

(1)

(2)

1


2


3


4


5


6


7


8


9


10



31 Desember 2012 / December 31, 2012 Tagihan Bersih Net Claims



(3)

(4)

(5)

TOTAL

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

165.955

165.955

144.235

-

-

-

165.955

165.955

144.235

Tabel 6.1.3. Pengungkapan Eksposur yang Menimbulkan Risiko Kredit akibat Kegagalan Pihak Lawan (Counterparty Credit Risk) Disclosure of Potential credit risk exposure due to failure of Counterparty (Counterparty Credit Risk) (dalam jutaan Rupiah) (in million Rupiah)


No (1)

(2)

1


2


3


4


5

Tagihan Kepada Usaha Mikro, Usaha Kecil dan Portofolio Ritel Claims on Small and Retail Portfolio

6


TOTAL

238





(3)

(4)

(5)

-

-

-

-

-

-

-

-

-

4.587

1.217

1.217

-

-

-

18.523

18.523

18.523

23.111

19.740

19.740



Tabel 6.1.4. Pengungkapan Eksposur yang Menimbulkan Risiko Kredit akibat Kegagalan Setelmen (settlement risk) Disclosure of Potential Credit Risk exposure due to failure of settlement (settlement risk) Bank tidak memiliki eksposur yang menimbulkan Risiko Kredit akibat kegagalan setelmen Bank has no exposure pose credit risk due to settlement failure Tabel 6.1.5. Pengungkapan Eksposur Sekuritisasi Disclosure of Securitization Exposures Bank tidak memiliki eksposur yang sekuritisasi Bank has no securitization exposure Tabel 6.1.6. Pengungkapan Eksposur di Unit Usaha Syariah (apabila ada) Disclosure of Exposures in Sharia Business Unit (if any) Bank tidak memiliki eksposur di Unit Usaha Syariah Bank has no exposures in Sharia Business Unit

Tabel 6.1.7. Pengungkapan Total Pengukuran Risiko Kredit Disclosure of Total Credit Risk Measurement


31 Desember 2012 December 31, 2012 TOTAL ATMR RISIKO KREDIT TOTAL OF RISK WEIGHTED ASSETS CREDIT RISK TOTAL FAKTOR PENGURANG MODAL TOTAL DEDUCTION FACTOR OF CAPITAL



8,767,911 -


239

Berikut rincian dari perhitungan ATMR kredit secara konsolidasi untuk eksposur Aset di neraca, eksposur kewajiban komitmen/ kontinjensi pada Transaksi Rekening Administratif dan eksposur yang menimbulkan risiko kredit akibat kegagalan pihak lawan (Counterparty Credit Risk), sebagai berikut:

The following are the details of the consolidated calculation of credit risk-weighted assets for the exposure assets in the balance sheet, exposure commitments / liabilities at the Off Balance Sheet Transactions, and exposures that pose credit risk due to Counterparty Credit Risk:

Tabel 6.2.1. Pengungkapan Eksposur Aset di Neraca Secara Konsolidasi Disclosure of Assets Exposures in the Consolidated Balance Sheet (dalam jutaan Rupiah) (in million Rupiah)


No (1)

(2)

1


2


3


4


5


6


7


8

Tagihan Kepada Usaha Mikro, Usaha Kecil dan Portofolio Ritel Claims on Small and Retail Portfolio Tagihan kepada Korporasi Claims on Corporate

9 10


11





(3)

(4)

(5)

1.955.909

-

-

-

-

-

-

-

-

1.167.842

313.990

313.990

-

-

-

155.264

155.264

155.264

-

-

-

-

-

-

8.462.238

8.428.356

8.173.445

54.549

81.824

81.824

165.692 TOTAL

240


11.961.495


147.612 8.979.434

8.872.136


Tabel 6.2.2. Pengungkapan Eksposur Kewajiban Komitmen/Kontinjensi pada Transaksi Rekening Administratif Secara Konsolidasi Disclosure of Commitments / Contingent Exposure in the Consolidated Balance Sheet (dalam jutaan Rupiah) (in million Rupiah)


No

(1)

(2)

1


2


3


4


5


6


7


8

Tagihan Kepada Usaha Mikro, Usaha Kecil dan Portofolio Ritel Claims on Small dan Retail Portfolio Tagihan kepada Korporasi Claims on Corporate

9 10




(3)

(4)

(5)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

165.955

165.955

144.235

-

-

-

165.955

165.955

144.235


TOTAL

Tabel 6.2.3. Pengungkapan Eksposur yang Menimbulkan Risiko Kredit akibat Kegagalan Pihak Lawan (Counterparty Credit Risk) Secara Konsolidasi Disclosure of Potential credit risk exposure due to failure of Counterparty (Counterparty Credit Risk) consolidated (dalam jutaan Rupiah) (in million Rupiah)

No

(1) 1 2

Kategori Portofolio Portfolio Categories (2)




(3)

(4)

(5)

Tagihan Kepada Pemerintah Claims on Sovereign Tagihan Kepada Entitas Sektor Publik Claims on Public Sector Entities



-

-

-

-

-

-


241

3


4


5 6

-

-

-

4.587

1.217

1.217

-

-

-

18.447

18.447

18.447

23.035

19.664

19.664

Tagihan Kepada Usaha Mikro, Usaha Kecil dan Portofolio Ritel Claims on Small dan Retail Portfolio Tagihan kepada Korporasi Claims on Corporate TOTAL

Tabel 6.2.4. Pengungkapan Eksposur yang Menimbulkan Risiko Kredit akibat Kegagalan Setelmen (settlement risk) Secara Konsolidasi Disclosure of Potential Credit Risk exposure due to failure of settlement (settlement risk) Consolidated Bank tidak memiliki eksposur yang menimbulkan Risiko Kredit akibat kegagalan setelmen secara Konsolidasi dengan perusahaan Anak Bank has no exposure pose credit risk due to settlement failure consolidated with with Subsidiary Tabel 6.2.5. Pengungkapan Eksposur Sekuritisasi Secara Konsolidasi Disclosure of Securitization Exposures Consolidated Bank tidak memiliki eksposur sekuritisasi secara Konsolidasi dengan perusahaan Anak Bank has no securitization exposure consolidated with with Subsidiary Tabel 6.2.6. Pengungkapan Eksposur di Unit Usaha Syariah dan/ atau Perusahaan Anak yang Melakukan Kegiatan Usaha Berdasarkan Prinsip Syariah (apabila ada) Secara Konsolidasi Disclosure of Exposures in Sharia Business Unit and / or its Subsidiaries Based on Sharia Business Principles (if any) consolidated Bank tidak memiliki eksposur di Unit Usaha Syariah dan/ atau Perusahaan Anak yang Melakukan Kegiatan Usaha Berdasarkan Prinsip Syariah Disclosure of Exposures in Sharia Business Unit and / or its Subsidiaries Based on Sharia Business Principles

Tabel 6.2.7. Pengungkapan Total Pengukuran Risiko Kredit Secara Konsolidasi Disclosure of Total Credit Risk Measurement Consolidated


31 Desember 2012 December 31, 2012 TOTAL ATMR RISIKO KREDIT TOTAL OF RISK WEIGHTED ASSETS CREDIT RISK TOTAL FAKTOR PENGURANG MODAL TOTAL OF DEDUCTION FACTOR OF CAPITAL

242



9.036.035 -


b. Market Risk

b. Risiko Pasar 1. Pengungkapan Perhitungan Risiko Pasar dengan Menggunakan Metode Standar

1. Disclosure of Market Risk Calculation using Standard Method

Penerapan manajemen risiko untuk risiko pasar

Risk Management Implementation for Market Risk

Pengelolaan transaksi yang mengandung Risiko Pasar merupakan tanggung jawab dari Bagian Treasury dan dimonitor oleh Bagian Manajemen Risiko.

The management of transaction that contains of Market Risk is the responsibility of Treasury Division and monitored by Risk Management Division.

Proses Pembentukan Limit, simulasi volatilitas, dan penggunaan data pasar harus diverifikasi terlebih dahulu oleh bagian Manajemen Risiko. Kondisi-kondisi atas risiko pasar baik dari tingkat suku bunga maupun nilai tukar dibahas dan didiskusikan secara berkala melalui Komite Aset dan Kewajiban (Asset and LiabilityManagement).

Limit formation process, simulated volatility, and the use of market data must be first verified by the Risk Management division. Conditions on the market risk, whether from interest rate or exchange rate, are discussed on a regular basis through the Asset and Liability Management Committee.

Dalam mengelola risiko pasar, Bank menetapkan strategi dimana instrument keuangan yang dimiliki oleh bank dikelompokkan berdasarkan sifat instrument. Selain itu terkait posisi trading book, bank hanya menggunakan posisi tersebut dalam rangka mengcover posisi nasabah. Adapun portofolio dari pengelolaan risiko pasar mencakup: (1) Risiko Suku Bunga pada Trading Book, (2) Risiko Nilai Tukar, serta (3) Risiko Suku Bunga pada Banking Book.

In managing market risk, the Bank has established a strategy in which the financial instruments the Bank possesses are grouped based on the nature of the instruments. In addition, related to trading book position, the Bank only uses the position to cover customer's position. The portfolio of market risk management includes: (1) Interest Rate Risk in the Trading Book, (2) Foreign Exchange Risk and (3) Interest Rate Risk in the Banking Book.

Bank secara konsisten mengelompokkan portofolio yang dimiliki kedalam kategori trading, available for sale, maupun hold to m a t u r i t y, y a n g d i m a k s u d k a n u n t u k memudahkan perhitungan risiko suku bunga pada banking book.

The Bank consistently groups its portfolio into categories of trading, available for sale, or hold to maturity, which is intended to facilitate the calculation of interest rate risk in the banking book.

(1) Risiko Suku Bunga pada Trading Book diukur menggunakan metode historical simulation, sementara penetapan parameter kuantitatif diperoleh dari penggunaan pengukuran risiko dan dianalisa secara berkala.

(1) Interest Rate Risk in the Trading Book is measured using historical simulation method. Meanwhile, the quantitative determination of parameters is obtained from the use of risk measurement that is periodically analyzed.

(2) Risiko Nilai Tukar dianalisa secara berkala, dan dilakukan konsolidasi terhadap posisi terbuka secara bersih dari posisi terbuka yang dimiliki serta dilakukan penetapan limit internal untuk Posisi Devisa Netto secara konsisten untuk mencegah terjadinya pelampauan batas yang telah ditetapkan. Hal ini dilakukan secara harian selama setiap 30 menit selama jam kerja Treasury.

(2) Foreign Exchange Risk is periodically analyzed with consolidation conducted on the net open position of the open position held, as well as consistently setting internal limit for Net Open Position to avoid the overlimit. This is done on a daily basis for every 30 minutes during Treasury’s working hours.

(3) Pada Risiko Suku Bunga pada Banking Book, Bank menetapkan perlakuan atas instrument yang tidak m e m i l i k i j a n g k a waktu berdasarkan data historis yang dimiliki paling lama 5 (lima) tahun.

(3) In the Interest Rate Risk in the Banking Book, the Bank sets the treatment of instruments that do not have a time period, based on the historical data, of 5 (five) years the longest.




243

Dalam menghitung Risiko Pasar untuk kebutuhan pelaporan Kewajiban Penyediaan Modal Minimum, Bank menggunakan Metoda Standar sesuai ketentuan Bank Indonesia. Namun untuk kebutuhan internal, dan untuk mengantisipasi kebijakan perbankan dimasa datang, Bank juga mempelajari dan mengembangkan model internal yang menggunakan pendekatan VaR (Value at Risk).

In calculating the market risk for the need of reporting the Capital Adequacy, the Bank uses standard method in accordance with Bank Indonesia stipulation. However, for internal need, and to anticipate the future banking policy, the Bank also learns and develops internal model that uses VaR (Value at Risk) approach.

Bank juga menjalankan metode stress testing untuk memperkirakan dan mengantisipasi timbulnya risiko pasar sebagai akibat dari volatilitas yang terjadi baik dari risiko suku bunga maupun risiko nilai tukar.

The Bank also runs stress testing method to estimate and anticipate market risk emerged as a result of the volatility from both interest rate risk and exchange rate risk.

Stress testing dilakukan oleh Bank dengan menggunakan standardized shock market, yaitu kenaikan/penurunan indikator pasar secara paralel atau non-paralel sesuai skenario oleh regulator. Stress testing dilakukan minimal setiap triwulan.

In conducting stress testing, the Bank uses standardized shock market, which is the increase / decrease in parallel or non-parallel market indicators based on the scenarios set by regulator. Stress testing is conducted at least once every quarter.

Selain stress testing, Bank juga melakukan backtesting untuk menguji model perhitungan VaR yang diimplementasikan oleh bank. Hal ini guna memastikan bahwa metode pengukuran atas risiko pasar yang dijalankan oleh Bank masih tetap valid dan dapat diterima hasil perhitungannya.

Besides stress testing, the Bank also conducts back testing to trial VaR calculation model the Bank implements. This is to ensure that the measurement method on the market risk run by the Bank is still valid with acceptable calculation.

Tabel dibawah ini menyajikan pengungkapan risiko pasar menggunakan metode standar, sebagai berikut:

The table below presents disclosure of market risk using standard method:

Tabel 7.1. Pengungkapan Risiko Pasar Dengan Menggunakan Metode Standar Market Risk Disclosure Based on Standards Method

Jenis Risiko Risk Types

No.

(1) 1

(2) Risiko Suku Bunga Interest Rate Risk

a.

Risiko Spesifik Specific Risk

b.

Risiko Umum General Risk


31 Desember 2012 December 31, 2012

Bank Bank Beban Modal Capital Charges

ATMR RWA

(3)

(4)

Konsolidasi Consolidation Beban Modal ATMR Capital Charges RWA (5)

429

5.358

-

-

429 601

(6) 429

5.358

5.358

429

5.358

7.512

1.039

12.992

2

Risiko Nilai Tukar Exchange Rate risk

3

Risiko Ekuitas Equity Risk

-

4

Risiko Komoditas *) Commodity Risk *)

-

5

Risiko Option Option Risk Total

-

-

-

1.030

12.870

1.468

-

18.350

* Untuk bank yang memiliki perusahaan anak yang memiliki eksposur risiko dimaksud * For banks that have subsidiaries and have risk exposure

244




PT Bank Resona Perdania memetakan 4 faktor utama penyebab risiko operasional yang menjadi pilar dalam pemetaan program-program pengelolaan risiko operasional sebagai berikut: kesalahan manusia, kesalahan proses, kegagalan sistem dan infrastruktur, serta faktor eksternal.

PT Bank Resona Perdania has mapped four main factors of operational risk cause that have become the pillars in mapping the following operational risk programs, namely: human error, process error, system and infrastructure failures, as well as external factor.

Pengukuran pembebanan modal untuk antisipasi risiko operasional secara keseluruhan dilakukan oleh Bagian Manajemen Risiko. Perhitungan AT M R u n t u k R i s i k o O p e r a s i o n a l d a l a m perhitungan KPMM dilakukan dengan menggunakan Basic Indicator Approach.

Capital charge measurement to anticipate the overall operational risks is undertaken by Risk Management Division. The calculation of riskweighted assets for operational risk in the CAR computation uses Basic Indicator Approach.

PT Bank Resona Perdania berupaya untuk selalu mengembangkan teknik mitigasi risiko operasional yang tertuang dalam kebijakan atau prosedur mengenai hal tersebut sesuai dengan fokusnya. Identifikasi risiko dilakukan melalui mekanisme pelaporan risiko operasional dan operational risk control self assessment. Kedua mekanisme ini akan menghasilkan action plan untuk memitigasi dan mencegah risiko.

PT Bank Resona Perdania is always endeavored to develop operational risk mitigation technique set in the policies or procedures based on the focus. Risk identification is done through the mechanisms of operational risk report and operational risk control self assessment. Both mechanisms lead to an action plan to mitigate and prevent risks.

Tabel dibawah ini menyajikan pengungkapan risiko operasional dengan menggunakan metode basic indicator approach, sebagai berikut:

The table below presents disclosure of operational risk using basic indicator approach method:

Tabel 8.1.a. Pengungkapan Kuantitatif Risiko Operasional - Bank secara Individual Quantitative Disclosures of Operational Risk – Individual Bank

No.

Pendekatan Yang Digunakan Method

(1)

(2)

1


31 Desember 2012 / December 31, 2012 Pendapatan Bruto (Rata-Rata 3 Tahun Beban Modal Terakhir) Capital Charges Gross Income (Average Last 3 years) (3)

Pendekatan Indikator Dasar Basic Indicator Method Total

(4)

(5)

389.422

58.413

730.167

389.422

58.413

730.167

Tabel 8.1.b. Pengungkapan Kuantitatif Risiko Operasional - Bank secara Konsolidasi dengan Perusahaan Anak Quantitative Disclosures of Operational Risk –Bank Consolidated with subsidiaries

No.

Pendekatan Yang Digunakan Method

(1) (2) 1 Pendekatan Indikator Dasar Basic Indicator Method

Total


ATMR RWA


31 Desember 2012 / December 31, 2012 Pendapatan Bruto (Rata-Rata 3 Tahun Beban Modal Terakhir) Capital Charges Gross Income (Average Last 3 years) (3)

(4)

ATMR RWA (5)

400.726

60.109

751.361

400.726

60.109

751.361



245

d. Liquidity Risk

d. Risiko Likuiditas

246

Penerapan manajemen risiko untuk risiko likuiditas

Risk management implementation for liquidity risk

Pengelolaan likuiditas harian merupakan tanggung jawab dari Bagian Treasury dimana seluruh bagian/seksi terkait yang memiliki aktifitas transaksi/produk yang dapat mempengaruhi kondisi likuiditas wajib melaporkannya kepada Bagian Treasury secara tepat waktu dan akurat.

Daily liquidity management is the responsibility of Treasury Division, wherein all related sections whose activities of transactions/products can give the impact to liquidity condition are obliged to report to Treasury Division in a timely and accurate manner.

Kondisi likuiditas dibahas dan didiskusikan secara berkala (setiap bulan) melalui Komite Aset dan Kewajiban (Asset and Liability CommitteeALCO) dan apabila diperlukan dapat diadakan Liquidity Risk Committee Meeting jika kondisi likuiditas cenderung menurun dan mendekati batas minimum kondisi normal atau terdapat halhal lain yang perlu menjadi perhatian dari bank sesegera mungkin, termasuk adanya informasi signifikan yang dapat mempengaruhi kondisi likuiditas, seperti issue kondisi pasar secara umum, krisis di negara lain, dan lain-lain.

Liquidity conditions are regularly discussed (every month) through Asset and Liability CommitteeALCO, and if required, Liquidity Risk Committee meeting may be held in the event that the liquidity has the tendency to decrease and approach the minimum normal condition, or other matters that need the Bank’s immediate attention including significant information that may affect the liquidity conditions, such as issues in general market conditions, crises in other countries, and more.

Selain itu, Bagian Risk Management, Bagian Treasury dan Bagian Marketing secara intensif melakukan pemantauan terhadap likuiditas Bank terkait dengan funding dan lending yang Bank akan lakukan.

In addition, Risk Management Division, Treasury Division and Marketing Division intensively monitor the Bank’s liquidity associated with the Bank’s upcoming funding and lending.

Pemantauan Risiko Likuiditas yang dilakukan oleh Bank senantiasa memperhatikan indikator peringatan dini untuk mengetahui potensi peningkatan Risiko Likuiditas. Bagian Manajemen Risiko menyusun pedoman yang berisi tingkatan tahap likuiditas darurat serta strategi yang dilakukan pada masing-masing tahap Pedoman tersebut mengacu dari trend masing-masing indikator yang terdapat dalam Index Risiko Likuiditas, dan tolak ukur masing-masing tahap berdasarkan available fund hasil stress testing.

Liquidity Risk monitoring by the Bank always heeds early warning indicator to determine the potential increase in Liquidity Risk. The Risk Management Division drafts guideline containing emergency liquidity levels, strategies implemented at each stage of the guideline referring to the trend of each of indicators contained in the Liquidity Risk Index, and the benchmark of each stage based on available fund of the results of stress testing.

Bank mengembangkan paramater profil Risiko Likuiditas yang komprehensif dan dapat menangkap risiko-risiko yang melekat pada seluruh aktifitas dan produk bank.

The Bank develops a comprehensive parameter of Liquidity Risk profile that can get the risks inherent in the Bank’s all activities and products.

Alat pengukuran Risiko Likuiditas tersebut meliputi: 1. Rasio Likuiditas 2. Profil Maturitas 3. Proyeksi Arus Kas 4. Stress Testing

The Liquidity Risk tools include: 1. Liquidity Ratio 2. Maturity Profile 3. Cash Flow Projection 4. Stress Testing

Tabel dibawah ini menyajikan pengungkapan Profil Maturitas Rupiah, sebagai berikut:

The table below presents disclosure of Rupiah Maturity Profile, as follows:




Tabel 9.1.a. Pengungkapan Profil Maturitas Rupiah - Bank secara Individual Disclosure of Maturity Profile for Rupiah - Individual Bank (dalam jutaan Rupiah) (in million Rupiah)

31 Desember 2012 / December 31, 2012 Jatuh Tempo Due Date No

Pos-Pos Posts

Saldo Balance

(2)

(3)

(1) I

< 1 Bulan < 1 Month

> 1 Bulan s.d. 3 Bulan > 1 Month till 3 Months

> 3 Bulan s.d. 6 Bulan > 3 Month till 6 Months

> 6 Bulan s.d. 12 Bulan > 6 Month till 12 Month

> 12 Bulan > 12 Months

(4)

(5)

(6)

(7)

(8)

NERACA BALANCE A.

Aset Asset 1.

2.

Kas Cash

12.270

12.270

-

-

-

-

1.527.018

1.370.612

-

58.788

97.617

-

275.028

275.028

-

-

-

-

-

-

-

-

-

-

4.346.843

613.572

330.784

326.549

1.239.258

1.836.680

Tagihan Lainnya Others Bills

4.254

4.254

-

-

-

-

Lain-Lain Others

6.248

6.248

-

-

-

-

6.171.660

2.281.984

330.784

385.338

1.336.875

1.836.680

2.676.974

1.818.983

235.772

89.720

5.610

526.889

-

-

-

-

-

-

751.520

706.520

45.000

-

-

-

597.388

-

-

-

300.000

297.388

550.000

300.000

-

-

-

250.000

Penempatan pada Bank Indonesia Placement on Bank of Indonesia

3.

Penempatan pada Bank Lain Placements on Other Banks

4.

Surat Berharga Securities

5.

6. 7.

Kredit yang Diberikan Loan

Total Aset Total Asset

A.

Kewajiban Liabilities 1.

Dana Pihak Ketiga Third Party Funds

2.

Kewajiban pada Bank Indonesia Liabilities on Bank of Indonesia

3.

Kewajiban pada Bank Lain Liabilities on Other Banks

4.

Surat Berharga yang Diterbitkan Securities Issued

5.

Pinjaman yang Diterima Funds Borrowing




247

6.

Kewajiban Lainnya Other Liabilities

7.

Lain-lain Others

Total Kewajiban Total Liabilities

Selisih Aset dengan Kewajiban dalam Neraca Margin Between Assets with Liabilities in the Balance Sheet

II

4.254

-

-

-

-

55.710

40.110

-

15.600

-

-

4.635.846

2.869.867

280.772

105

305.610

1.074.278

1.535.815

(587.883)

50.013

280

1.031.264

762.403

363.452

69.479

262.055

15.483

16.435

-

-

-

-

-

-

-

363.452

69.479

262.055

15.483

16.435

264.259

112.496

96.653

24.408

24.349

6.352

-

-

-

-

-

-

264.259

112

96.653

24.408

24.349

6.352

99.193

(43)

165.402

(9)

(7.914)

(6.352)

1.635.007

(630.901)

215.414

271.093

1.023.350

756.050

(630,901)

(415,486)

(144,393)

878,957

1,635,007

REKENING ADMINISTRATIF ADMINISTRATIVE ACCOUNT A.

Tagihan Rekening Administratif Administrative Account Charges 1.

Komitmen Commitment

2.

Kontijensi Contingency

Total Tagihan Rekening Administratif Total Administrative Account Charges

A.

-

Kewajiban Rekening Administratif Administrative Account Liabilities 1.

Komitmen Commitment

2.


Total Kewajiban Rekening Administratif Total Administrative Account Liabilities

Selisih Tagihan dan Kewajiban dalam Rekening Administratif Margin Between Charges with Liabilities in the Balance Sheet

Selisih [(IA-IB) + (IIA-IIB)] Margin [(IA-IB) + (IIA-IIB)]

Selisih Kumulatif Accumulative Margin

248

4.254




Tabel 9.1.b. Pengungkapan Profil Maturitas Rupiah - Bank secara Konsolidasi dengan Perusahaan Anak Disclosure of Maturity Profile for Rupiah – Bank Consolidated with subsidiaries (dalam jutaan Rupiah) (in million Rupiah)


No

Pos-Pos Posts

Saldo Balance

(2)

(3)

(1) I

Jatuh Tempo Due Date > 1 Bulan s.d. > 3 Bulan s.d. 3 Bulan 6 Bulan > 1 Month till > 3 Month till 6 3 Months Months

< 1 Bulan < 1 Month (4)

(5)

(6)



(7)

(8)

NERACA BALANCE A.

Aset Asset 1.

Kas Cash

2.


3.


4.


5.


6.


7.

Lain-Lain Others


A.



2.


3.


4.

Surat Berharga yang Diterbitkan Securities Issued Pinjaman yang Diterima Funds Borrowing

5. 5.


6.

Lain-lain Others



12.793

12.793

-

-

-

-

1.527.018

1.370.612

-

58.788

97.617

-

275.028

275.028

-

-

-

-

-

-

-

-

-

-

4.444.694

621.627

331.735

328.674

1.179.535

1.983.123

4.254

4.254

-

-

-

-

7.061

7.061

-

-

-

-

6.270.847

2.291.375

331.735

387.463

1.277.152

1.983.123

-

-

-

-

-

-

2.677.600

1.819.609

235.772

89.720

5.610

526.889

-

-

-

-

-

-

751.520

706.520

45.000

-

-

-

597.388

-

-

-

300.000

297.388

550.000

300.000

-

-

-

250.000

6.627

6.627

-

-

-

-

55.710

40.110

-

15.600

-

-

4.638.845

2.872.866

280.772

105.320

305.610

1.074.278



249


II

REKENING ADMINISTRATIF ADMINISTRATIVE ACCOUNT Tagihan Rekening Administratif Administrative Account Charges

A. 1.

Komitmen Commitment

2.


Total Tagihan Rekening Administratif Total Administrative Account Charges A.

Kewajiban Rekening Administratif Administrative Account Liabilities 1. Komitmen Commitment 2.



Selisih Tagihan dan Kewajiban dalam Rekening Administratif Margin Between Charges with Liabilities in the Balance Sheet Selisih [(IA-IB) + (IIA-IIB)] Margin [(IA-IB) + (IIA-IIB)]


250


1.632.003

(581.491)

50.964

282.143

971.541

908.846

-

-

-

-

-

-

-

-

-

-

-

-

363.452

69.479

262.055

15.483

16.435

-

-

-

-

-

-

363.452

69.479

262.055

15.483

16.435

-

-

-

-

-

-

264.259

112.496

96.653

24.408

24.349

6.352

-

-

-

-

-

-

264.259

112.496

96.653

24.408

24.349

6.352

99.193

(43.017)

165.402

(8.925)

(7.914)

(6.352)

1.731.195

(624.509)

216.365

273.218

963.627

902.493

(624.509)

(408.143)

(134.925)

828.702

1.731.195


-


Tabel 9.2.a. Pengungkapan Profil Maturitas Valas - Bank secara Individual Disclosure of Maturity Profile for Foreign Currency - Individual Bank (dalam jutaan Rupiah) (in million Rupiah)


Pos-Pos Posts

No

I

Saldo Balance


< 1 Bulan < 1 Month



NERACA BALANCE A. Aset Asset 1.

Kas Cash

2.


3.


4.


5.


6.


7.

Lain-Lain Others


B.

5.808

5.808

-

-

-

-

428.891

428.891

-

-

-

-

833.998

573.772

-

-

-

260.226

22.789

20.439

2.350

-

-

-

3.972.723

213.947

1.110.675

415.958

1.213.430

1.018.713

207.212

105.329

58.089

17.730

26.063

-

2.791

2.791

-

-

-

-

5.474.212

1.350.977

1.171.114

433.689

1.239.494

1.278.939

2.810.746

1.795.086

138.828

8.578

678

867.576

-

-

-

-

-

-

96.380

96.380

-

-

-

-

-

-

-

-

-

-

1.877.149

142.309

289.140

674.660

481.900

289.140

191.931

98.088

50.227

17.553

26.063

-

233.722

393

233.230

99

-

-

5.209.927

2.132.255

711.425

700.890

508.641

1.156.716



2.


3.


4.


5.


6.


7.

Lain-lain Others





251


II

264.285

(781.278)

459.689

(267.202)

730.853

122.223

2.170.940

1.931.506

185.317

24.288

23.709

6.120

-

-

-

-

-

-

2.170.940

1.931.506

185.317

24.288

23.709

6.120

929.173

413.132

472.015

28.123

15.903

-

-

-

-

-

-

-

472.015

28.123

15.903

REKENING ADMINISTRATIF ADMINISTRATIVE ACCOUNT A. Tagihan Rekening Administratif Administrative Account Charges 1.

Komitmen Commitment

2.



B. Kewajiban Rekening Administratif Administrative Account Liabilities 1.

Komitmen Commitment

2.





252


929.173

413.132

-

1.241.767

1.518.374

(286.699)

(3.835)

7.807

6.120

1.506.052

737.096

172.991

(271.037)

738.659

128.343

737.096

910.086

639.050

1.377.709

1.506.052



Tabel 9.2.b. Pengungkapan Profil Maturitas Valas - Bank secara Konsolidasi dengan Perusahaan Anak Disclosure of Maturity Profile for Foreign Currency – Bank Consolidated with subsidiaries (dalam jutaan Rupiah) (in million Rupiah)


Pos-Pos Posts

No

I

Saldo Balance


< 1 Bulan < 1 Month



NERACA BALANCE A. Aset Asset 1.

Kas Cash

2.


3.


4.


5.


6.


7.

Lain-Lain Others


5.963

5.963

-

-

-

-

428.891

428.891

-

-

-

-

833.998

573.772

-

-

-

260.226

22.789

20.439

2.350

-

-

-

4.141.561

213.947

1.111.776

420.078

1.220.434

1.175.326

207.212

105.329

58.089

17.730

26.063

-

3.437

3.437

-

-

-

-

5.643.851

1.351.778

1.172.215

437.809

1.246.498

1.435.552

2.757.118

1.741.458

138.828

8.578

678

867.576

-

-

-

-

-

-

96.380

96.380

-

-

-

-

-

-

-

-

-

-

2.104.946

142.309

289.140

674.660

530.090

468.747

192.005

98.162

50.227

17.553

26.063

-

B.Kewajiban Liabilities 1.


2.


3.


4.


5.


6.





253

7.

Lain-lain Others


Selisih Aset dengan Kewajiban dalam Neraca Margin Between Assets with Liabilities i n the Balance Sheet II

233.722

393

233.230

99

-

-

5.384.171

2.078.702

711.425

700.890

556.831

1.336.323

259.680

(726.924)

460.790

(263.082)

689.667

99.229

2.170.940

1.931.506

185.317

24.288

23.709

6.120

-

-

-

-

-

-

2.170.940

1.931.506

185.317

24.288

23.709

6.120

929.173

413.132

472.015

28.123

15.903

-

-

-

-

-

-

-

929.173

413.132

472.015

28.123

15.903

1.241.767

1.518.374

(286.699)

(3.835)

7.807

6.120

1.501.447

791.450

174.092

(266.917)

697.473

105.349

791.450

965.541

698.625

1.396.098

1.501.447

REKENING ADMINISTRATIF ADMINISTRATIVE ACCOUNT A. Tagihan Rekening Administratif Administrative Account Charges 1.

Komitmen Commitment

2.



A. Kewajiban Rekening Administratif Administrative Account Liabilities 1.

Komitmen Commitment

2.





254



-


e. Legal Risk

e. Risiko Hukum Penerapan manajemen risiko untuk risiko hukum

Risk management implementation for legal risk

Bagian Manajemen Risiko bertanggung jawab untuk mengelola risiko hukum secara komprehensif, termasuk didalamnya dalam hal membuat dan menerapkan metode untuk mengidentifikasi, mengukur dan mengendalikan/ mengurangi setiap risiko hukum dengan bekerja sama dengan Unit Legal.

Risk Management Division is responsible for managing legal risk in a comprehensive manner, including creating and applying method to identify, measure and control/reduce every legal risk by collaborating with Legal Unit.

Dalam menjalankan fungsi-nya secara efektif dalam pengendalian risiko hukum, Unit Legal sebagai satuan kerja/fungsi yang membawahi bidang hukum, harus melakukan review secara berkala terhadap kontrak dan perjanjian antara Bank dengan pihak lain dengan cara melakukan penilaian kembali untuk mengecek validitas hak dalam kontrak dan perjanjian, serta memastikan adanya akurasi, kelengkapan dan integritas laporan serta system informasi manajemen khususnya mengenai risiko hukum, misalnya melalui penggunaan legal check sheet dll.

In effectively executing its functions in the legal risk control, Legal Unit unit as a working unit oversees the law, periodically reviews contracts and agreements between the Bank and other parties by reevaluating for the validity check of the rights in the contracts and agreements, as well as ensuring accuracy, completeness and integrity of reports and management information system especially in relation to legal risk, such as the use of legal sheet, etc.

f. Risiko Stratejik

f. Strategic Risk

Penerapan manajemen risiko untuk risiko strategic

Risk management implementation for strategic risk

Dalam hal penerapan manajemen risiko stratejik, setiap bagian/seksi tanpa terkecuali terlibat dalam mengidentifikasi risiko stratejik yang terjadi dalam lingkup bagian/ seksi-nya masing-masing dimana Bagian Planning bertanggung jawab untuk mengkordinasikan dari setiap kejadian risiko stratejik tersebut.

In the implementation of strategic risk management, every division/section is involved in identifying the strategic risks within their divisions/ sections, wherein Planning Division is in charge of coordinating each event of any such strategic risk.

Sistem pelaporan kepada Direksi mengenai analisa risiko stratejik dilakukan oleh Bagian Manajemen Risiko dan harus dijaga hasil analisanya serta dievaluasi secara berkala.

The reporting system to the Board of Directors regarding strategic risk analysis is carried out by the Risk Management Division and the result must be maintained and evaluated periodically.

Proses identifikasi atas risiko stratejik dilakukan oleh Bank dalam perumusan rencana kerja dan laporan realisasi rencana kerja Bank yang akan disampaikan ke Bank Indonesia, dalam penyusunannya Bank mengumpulkan data-data atas setiap aktivitas fungsional tertentu, sebagai contoh dari aktivitas perkreditan (penyediaan dana kepada nasabah Bank), aktivitas treasury (pengumpulan dana untuk kegiatan operasional Bank dan kegiatan lainnya), perencanaan produk baru, investasi, operasional dan jasa.

Strategic risk identification process is carried out by the Bank in the formulation of the work plan and realization report of the Bank’s work plan to be submitted to Bank Indonesia. In drafting the submission, the Bank collects data of each of the certain activities, for example from credit activities (the provision of credit to the Bank’s customers), treasury activities (fund collection for the Bank’s operational activity and other activities), new product planning, investment, operation and service.

Dengan melakukan analisa SWOT (Strength, Weakness, Opportunities, Threat), Bank dapat melakukan identifikasi terhadap kekuatan dan kelemahan yang dimiliki.

Through the analysis of SWOT (Strength, Weakness, Opportunities, Threat), the Bank is able to identify its strengths and weaknesses.




255

Potensi risiko yang akan dihadapi oleh Bank juga dapat diidentifikasi dengan melihat kesempatan dan ancaman yang ada. Parameter ini dapat menggambarkan potensi keuntungan atau kerugian yang akan dihadapi oleh Bank di masa yang akan datang.

The potential risks the Bank will face can also be identified by looking at the existing opportunities and threats. This parameter can describe the potential gains or losses that the Bank will face in the future.

Metode pengukuran risiko stratejik dilakukan secara kuantitatif maupun kualitatif yang disesuaikan dengan jenis, skala dan kompleksitas kegiatan usaha. Pengukuran dilakukan terhadap aktivitas yang tidak sesuai dengan rencana bisnis secara internal dan juga aktivitas eksternal yang dapat merugikan Bank.

Strategic risk measurement method is carried out in a quantitative and qualitative manner tailored to the type, scale and complexity of business operations. The measurement is taken on activities that are not in accordance with the business plan, be it internal or external activities that have the potential to harm the Bank.

Hasil pengukuran kerugian/risiko digunakan untuk meningkatkan kualitas manajemen risiko, memantau risiko stratejik, dan memperbaiki kegiatan dalam pekerjaan masing-masing serta untuk melakukan improvisasi dalam penetapan rencana bisnis untuk periode selanjutnya.

Results of measuring loss / risk are used to enhance the quality of risk management, monitor strategic risk monitoring, improve activities in their respective works, and improvise the business plan set for the next period.

g.Risiko Kepatuhan

g.Compliance Risk

Penerapan manajemen risiko untuk risiko kepatuhan

Risk management implementation for compliance risk.

Semua karyawan tanpa terkecuali terlibat dalam mengidentifikasi peristiwa risiko kepatuhan yang terjadi dalam lingkup Bagian/Cabang/Seksi-nya masing-masing dimana compliance officer bertanggung jawab atas setiap kejadian risiko kepatuhan pada Bagian/Cabang/Seksi-nya masing-masing.

All employees are involved in identifying compiance risk events in their Division/Branch/ S e c t i o n , w h e r e i n c o m p l i a n c e o ff i c e r i s responsible for every compliance risk event in their respective Division/Branch/Section.

Satuan Kerja Kepatuhan (selanjutnya disebut untuk mengelola risiko kepatuhan, kecuali kewajiban untuk mengkaji ulang Kebijakan Manajemen Risiko Kepatuhan ini dilakukan oleh Bagian Manajemen Risiko.

Compliance Unit (hereinafter referred to as "Compliance Division") is responsible for managing compliance risk, except that the obligation to review the Compliance Risk Management Policy is conducted by the Risk Management Division.

Sistem pelaporan kepada Direksi mengenai analisa risiko kepatuhan dari Bagian Manajemen Risiko dijaga dan hasil analisanya dievaluasi secara berkala. Direktur yang membawahkan Fungsi Kepatuhan memiliki peranan penting dalam Manajemen Risiko untuk Risiko Kepatuhan dengan tanggung jawab paling kurang sebagaimana diatur dalam ketentuan yang berlaku mengenai pelaksanaan fungsi kepatuhan Bank umum.

The reporting system to the Board of Directors on compliance risk analysis of Risk Management Division is maintained and the result is periodically evaluated. The director in charge of Compliance Function has an important role in Risk Management for Compliance Risk with responsibility at least as stipulated in the applicable laws and regulations on the implementation of the compliance functions of commercial bank.

Strategi manajemen Risiko disusun untuk memastikan bahwa eksposur Risiko Bank dikelola secara terkendali sesuai dengan kebijakan, prosedur intern Bank serta peraturan perundang-undangan dan ketentuan lain yang berlaku. Strategi Manajemen Risiko bank memiliki prinsip-prinsip umum seperti : Berorientasi Jangka Panjang, Komprehensif dalam Pengendalian dan Pengelolaan Risiko, serta Kecukupan Modal.

Risk management strategy is designed to ensure that the Bank's risk exposure is managed in a

256


internal policies, procedures and applicable laws and regulations as well as other provisions. The principles such as: Oriented Long-Term, Comprehensive in Control and Risk Management, and Capital Adequacy.



Pemantauan Risiko Kepatuhan dilakukan oleh Unit Kepatuhan dan Bagian Manajemen Risiko, dimana Bagian Kepatuhan melakukan pemantauan atas implementasi Manajemen risiko kepatuhan disetiap Unit/Seksi/Bagian dan melaporkan hasilnya kepada Bagian Manajemen Risiko. Pemantauan dilakukan terhadap posisi/ eksposur risiko secara keseluruhan, maupun per aktvitas fungsional oleh Unit/Seksi/Bagian terkait dibawah koordinasi oleh Unit Kepatuhan. Misalnya, pemantauan atas kepatuhan terhadap Perjanjian Kredit, kepatuhan terhadap limit, dan lain-lain yang dilaporkan oleh Seksi/Bagian terkait.

Compliance Risk Monitoring is conducted by Compliance Unit and Risk Management Risk, where in Compliance Division monitors and implements compliance risk management in every Unit/Section/Division and repors the result to Risk Management Division. Monitoring is done to the overall risk exposure/position, or functional activities by related Unit/Section/Division under the coordination of Compliance Unit. For instance, monitoring of compliance with the Credit Agreement, compliance to the limit, and others reported by related Section/Division.

Bagian Audit bertindak sebagai fungsi audit akan melakukan pemeriksaan terhadap implementasi risiko kepatuhan di setiap Seksi/Bagian dan Bagian Manajemen Risiko akan melaporkan profil risiko kepatuhan kepada Manajemen termasuk menindak lanjuti temuan dari Bagian Audit.

Audit Division acts as audit function to check the implementation of compliance risk in every Section/Division, and Risk Management Division will report the compliance risk profile to the management, including the follow-up on the findings by the Audit Section.

h.Risiko Reputasi

h.Reputation Risk

Penerapan manajemen risiko untuk risiko reputasi

Risk management implementation for reputation risk

Bagian Planning mencatat dan menatausahakan setiap kejadian yang terkait dengan risiko reputasi termasuk jumlah potensi kerugian yang diakibatkan kejadian dan melakukan analisa untuk memperkirakan potensi kerugian pada bank. Sementara data keluhan nasabah diadministrasikan oleh Seksi Komunikasi Nasabah dan dimonitor oleh Bagian Planning. Pelaporan mengenai Risiko Reputasi kepada Dewan Direktur secara berkala untuk keperluan evaluasi.

Planning Division records and administers every event associated with reputation risk including the potential loss resulted from the number of events,

Sebagai bentuk pengendalian risiko reputasi, Bank berpedoman pada kebijakan dan prosedur tertulis yang memenuhi prinsip-prinsip transparansi dan peningkatan kualitas pelayanan nasabah dan stakeholders lainnya dalam rangka mengendalikan risiko reputasi. Bank juga menerapkan kebijakan komunikasi yang tepat dalam rangka menghadapi berita/ publikasi yang bersifat negatif atau pencegahan informasi yang cenderung kontraproduktif, antara lain dengan cara menerapkan strategi penggunaan media yang efektif untuk mengcounter pemberitaan negatif.

As a form of reputation risk control program, the Bank refers to the written policies and procedures that comply with the principles of transparency and the enhancement of quality service for customers and stakeholders in order to control reputation risk. The Bank also implements appropriate communication policies to deal with negative news/publications or avoid counterproductive information by implementing an effective strategy of media use to counter negative publications.

Sistem pengendalian internal risiko reputasi dilakukan dengan bekerjasama antara Bagian Planning dan Bagian Manajemen Risiko. Pengendalian dilakukan dengan menggunakan checksheet penilaian risiko dari Bagian Manajemen Risiko.

The internal controlling system of the reputation risk is done through the collaboration of Planning Division and Risk Management Division. Controlling is carried out using a risk assessment checksheet from the Risk Management Division.


potential losses. Meanwhile, customer complaint data is administered by the Customer Communications Section and monitored by the Planning Section. Reputation Risk reporting is submitted periodically to the Board of Directors for the evaluation purpose.



257

Bank juga menerapkan strategi mitigasi bank, yang dalam hal ini berupa perbaikan prosedur secara terus menerus dengan mempertimbangkan risiko, kepatuhan dan pelayanan kepada nasabah. Pencegahan ini merupakan hal penting dan harus diprioritaskan penanganannya agar tidak menimbulkan keresahan baik bagi nasabah maupun karyawan Bank.

258


The Bank also implements a banking mitigation strategy, which is in this case a continuous improvement of the procedures by considering risk, compliance and customer service. This is an important prevention that must be prioritized so as not to cause unrest among the Bank’s customers and employees.



Laporan Keuangan Konsolidasian Perusahaan Induk Parent Company Consolidated Financial Statements

RESONA HOLDINGS, INC.

50 Financial Section

CONSOLIDATED BALANCE SHEET Resona Holdings, Inc. and consolidated subsidiaries March 31, 2012


51

Millions of U.S. dollars (Note 1)

Millions of yen 2012

2012

2011

Financial Section

Assets: Cash and due from banks (Notes 3, 13 and 29) ...................................................... ¥02,707,761 Call loans and bills bought (Notes 4 and 29)............................................................ 246,323 Monetary claims bought (Note 29) .......................................................................... 439,726 Trading assets (Notes 5, 13, 29 and 30) ................................................................. 696,538 Securities (Notes 6, 13 and 29) .............................................................................. 11,335,875 Loans and bills discounted (Notes 7, 13, 14, 29 and 35)......................................... 25,782,695 Foreign exchange assets (Notes 8 and 29).............................................................. 76,340 Other assets (Notes 9, 13, 29, 30 and 31) ............................................................. 1,158,028 Tangible fixed assets (Notes 10, 12, 21 and 28)...................................................... 307,088 Intangible fixed assets (Notes 11, 12 and 28) .......................................................... 51,860 Deferred tax assets (Note 27).................................................................................. 169,357 Customers’ liabilities for acceptances and guarantees (Notes 20 and 29)................ 608,435 Reserve for possible loan losses (Note 29) .............................................................. (379,863) Reserve for possible losses on investments ............................................................ (338)

¥03,027,781 356,676 427,467 637,508 9,899,960 25,853,022 63,472 1,634,261 313,231 53,836 186,891 678,495 (424,619) (1,139)

$032,945 2,996 5,350 8,474 137,922 313,696 928 14,089 3,736 630 2,060 7,402 (4,621) (4)

Total Assets.......................................................................................................... ¥43,199,830

¥42,706,848

$525,609

Liabilities and Net Assets: Liabilities: Deposits (Notes 13, 15, 29 and 35)......................................................................... ¥34,523,604 Negotiable certificates of deposit (Note 29) ............................................................. 1,337,560 Call money and bills sold (Notes 4 and 29).............................................................. 408,527 Payables under repurchase agreements (Notes 13 and 29) .................................... 11,998 Payables under securities lending transactions (Notes 13 and 29)........................... 345,063 Trading liabilities (Notes 5, 29 and 30) ..................................................................... 273,269 Borrowed money (Notes 13, 16 and 29) ................................................................. 1,512,904 Foreign exchange liabilities (Notes 8 and 29) ........................................................... 2,051 Bonds (Notes 17 and 29) ........................................................................................ 797,076 Due to trust account (Note 29) ................................................................................ 354,818 Other liabilities (Notes 13, 16, 18, 29 and 30) .......................................................... 1,089,568 Reserve for employees’ bonuses ............................................................................ 13,943 Reserve for employees’ retirement benefits (Note 31).............................................. 12,481 Other reserves (Note 19) ......................................................................................... 41,358 Deferred tax liabilities (Note 27) ............................................................................... 125 Deferred tax liabilities for land revaluation (Note 21) ................................................. 23,713 Acceptances and guarantees (Notes 20 and 29)..................................................... 608,435

¥34,179,947 1,424,610 277,916 142,972 — 244,282 1,700,813 1,755 678,071 375,866 1,320,538 14,603 11,591 34,552 — 28,277 678,495

$420,046 16,273 4,970 145 4,198 3,324 18,407 24 9,697 4,317 13,256 169 151 503 1 288 7,402

Total Liabilities .............................................................................................

41,356,500

41,114,294

503,181

Net Assets (Notes 22, 33 and 36): Capital stock........................................................................................................... Capital surplus ....................................................................................................... Retained earnings ................................................................................................... Treasury stock ........................................................................................................

340,472 237,082 1,086,691 (86,849)

340,472 237,082 879,381 (86,847)

4,142 2,884 13,221 (1,056)

Total stockholders’ equity ...............................................................................

1,577,397

1,370,089

19,192

Net unrealized gains on available-for-sale securities (Note 6) ................................... Net deferred gains on hedges ................................................................................. Revaluation reserve for land (Note 21) ..................................................................... Foreign currency translation adjustments ................................................................

92,243 27,124 41,303 (4,629)

61,826 16,352 38,479 (4,468)

1,122 330 502 (56)

Total accumulated other comprehensive income ............................................

156,042

112,190

1,898

Minority interests in consolidated subsidiaries .........................................................

109,890

110,273

1,337

Total Net Assets...........................................................................................

1,843,329

1,592,553

22,427

Total Liabilities and Net Assets .......................................................................... ¥43,199,830

¥42,706,848

$525,609

See accompanying notes to the consolidated financial statements.

Laporan Keuangan Konsolidasian Perusahaan Induk

Parent Company Consolidated Financial Statements


261

CONSOLIDATED STATEMENT OF INCOME Resona Holdings, Inc. and consolidated subsidiaries For the fiscal year ended March 31, 2012

2012

2011

2012

¥551,097 25,937 172,420 28,900 50,554 63,640 892,551

$06,329 285 2,089 140 635 890 10,371

67,004 51,555 365 42,937 369,413 124,163 655,440 237,111

684 632 — 191 4,391 1,146 7,046 3,325

10,523 62,189 72,713 164,397 4,318 ¥160,079

152 31 183 3,141 54 $03,086 U.S. dollars (Note 1)

Yen

Per common share information: Net income per share (Basic) (Note 33) ........................................................................ Net income per share (Diluted) (Note 33) ...................................................................... Cash dividends per share applicable to the fiscal year (Notes 22 and 36) .....................

¥96.56 68.36 12.00

$1.17 0.83 0.14

¥73.14 39.62 12.00


CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME Resona Holdings, Inc. and consolidated subsidiaries For the fiscal year ended March 31, 2012



Net income before minority interests...................................................................... ¥258,180 Other comprehensive income (Note 32): Net unrealized gains (losses) on available-for-sale securities ..................................... 30,463 Net deferred gains on hedges .................................................................................. 10,772 Revaluation reserve for land ..................................................................................... 3,366 Foreign currency translation adjustments ................................................................. (1,872) Share of other comprehensive income of affiliates accounted for using the equity method ......................................................................................... (26) Total other comprehensive income (loss).............................................................. 42,703 Total comprehensive income (Note 32) ................................................................... ¥300,884 Comprehensive income attributable to (Note 32): Owners of the parent................................................................................................ ¥298,056 Minority interests ...................................................................................................... 2,827

2011

2012

¥164,397

$3,141

(21,445) 2,563 — (12,979)

370 131 40 (22)

(22) (31,884) ¥132,513

(0) 519 $3,660

¥140,679 (8,166)

$3,626 34


262





Income: Interest income (Note 23) ............................................................................................. ¥520,239 Trust fees ..................................................................................................................... 23,497 Fees and commissions................................................................................................. 171,696 Trading income (Note 24) ............................................................................................. 11,558 Other operating income (Note 25) ................................................................................ 52,212 Other income (Note 26) ................................................................................................ 73,217 Total Income ........................................................................................................ 852,420 Expenses: Interest expenses (Note 23).......................................................................................... 56,257 Fees and commissions................................................................................................. 52,010 Trading expenses......................................................................................................... — Other operating expenses (Note 25) ............................................................................. 15,709 General and administrative expenses ........................................................................... 360,914 Other expenses (Note 26)............................................................................................. 94,231 Total Expenses..................................................................................................... 579,123 Net income before income taxes and minority interests ...................................... 273,297 Income Taxes (Note 27): Current......................................................................................................................... 12,522 Deferred ....................................................................................................................... 2,593 Total income taxes ............................................................................................... 15,116 Net income before minority interests...................................................................... 258,180 Minority interests in net income .............................................................................. 4,518 Net income................................................................................................................. ¥253,662



Millions of yen

CONSOLIDATED STATEMENT OF CHANGES IN NET ASSETS Resona Holdings, Inc. and consolidated subsidiaries For the fiscal year ended March 31, 2012


53



Net assets (Note 22): Stockholders’ equity: Capital stock: Balance at the beginning of the fiscal year ..................................................... ¥0,340,472 Changes during the fiscal year Issuance of new stock............................................................................... —

2011

2012

¥0,327,201

$04,142

13,271

—

Financial Section

—

13,271

—

Balance at the end of the fiscal year ............................................................. ¥0,340,472

¥0,340,472

$04,142

¥0,400,709

$02,884

534,444 (1) (1,307,683) 609,613

— (0) — 0

Total changes during the fiscal year ..........................................................

Capital surplus: Balance at the beginning of the fiscal year .................................................... ¥0,237,082 Changes during the fiscal year Issuance of new stock............................................................................... — Disposal of treasury stock ......................................................................... (0) Retirement of treasury stock...................................................................... — Transfer from retained earnings to capital surplus...................................... 0 —

(163,626)

—


¥0 237,082

$02,884

¥1,372,119

$10,699

(44,994) 160,079 1,792 (609,613)

(570) 3,086 6 (0)


Retained earnings: Balance at the beginning of the fiscal year .................................................... ¥0,879,381 Changes during the fiscal year Dividends paid .......................................................................................... (46,894) Net income ............................................................................................... 253,662 Reversal of revaluation reserve for land...................................................... 542 Transfer from retained earnings to capital surplus...................................... (0) 207,309

(492,737)

2,522


¥0,879,381

$13,221

¥0, (86,840)

$ (1,056)

(1,307,693) 2 1,307,683

(0) 0 —


Treasury stock: Balance at the beginning of the fiscal year .................................................... ¥0, (86,847) Changes during the fiscal year Purchase of treasury stock ........................................................................ (2) Disposal of treasury stock ......................................................................... 0 Retirement of treasury stock...................................................................... — (1)

(7)

(0)

Balance at the end of the fiscal year ............................................................. ¥0, (86,849)

¥0 ,(86,847)

$ (1,056)

¥2,013,189

$16,669

547,716 (44,994) 160,079 (1,307,693) 0 1,792

— (570) 3,086 (0) 0 6


Total stockholders’ equity: Balance at the beginning of the fiscal year ..................................................... ¥1,370,089 Changes during the fiscal year Issuance of new stock............................................................................... — Dividends paid .......................................................................................... (46,894) Net income ............................................................................................... 253,662 Purchase of treasury stock ........................................................................ (2) Disposal of treasury stock ........................................................................ 0 Reversal of revaluation reserve for land...................................................... 542 207,307

(643,099)

2,522

Balance at the end of the fiscal year .............................................................. ¥1,577,397

¥1,370,089

$19,192

Total changes during the fiscal year...........................................................




263

(Continued)

2012

2011

2012

Accumulated other comprehensive income: Net unrealized gains on available-for-sale securities: Balance at the beginning of the fiscal year ............................................................ ¥0,061,826 Changes during the fiscal year Net changes except for stockholders’ equity during the fiscal year ....................... 30,416

¥0,083,129

$00,752

(21,303)

370

(21,303)

370

¥0,061,826

$01,122

¥0,013,789

$00,198

Total changes during the fiscal year...................................................................

Net deferred gains on hedges: Balance at the beginning of the fiscal year ............................................................ ¥0,016,352 Changes during the fiscal year Net changes except for stockholders’ equity during the fiscal year ....................... 10,772

2,563

131

10,772

2,563

131

Balance at the end of the fiscal year ..................................................................... ¥0,027,124

¥0,016,352

$00,330

¥0,040,271

$00,468

(1,792)

34


Revaluation reserve for land: Balance at the beginning of the fiscal year ............................................................ ¥0,038,479 Changes during the fiscal year Net changes except for stockholders’ equity during the fiscal year ....................... 2,824 2,824

(1,792)

34


¥0,038,479

$00,502

¥0, 0(3,807)

$00 ,(54)


Foreign currency translation adjustments: Balance at the beginning of the fiscal year ............................................................ ¥0,0 (4,468) Changes during the fiscal year Net changes except for stockholders’ equity during the fiscal year ........................ (161)

(660)

(1)

(161)

(660)

(1)

Balance at the end of the fiscal year ..................................................................... ¥0,0 (4,629)

¥0, 0(4,468)

$00 ,(56)

¥0,133,382

$01,365

(21,192)

533


Total Balance at the beginning of the fiscal year ............................................................. ¥0,112,190 Changes during the fiscal year Net changes except for stockholders’ equity during the fiscal year ........................ 43,851 43,851

(21,192)

533

Balance at the end of the fiscal year ...................................................................... ¥0,156,042

¥0,112,190

$01,898

¥0,125,326

$01,341


Minority interests in consolidated subsidiaries: Balance at the beginning of the fiscal year ............................................................ ¥0,110,273 Changes during the fiscal year Net changes except for stockholders’ equity during the fiscal year ........................ (383)

(15,052)

(4)

(383)

(15,052)

(4)


¥0,110,273

$01,337

¥2,271,897

$19,376

547,716 (44,994) 160,079 (1,307,693) 0 1,792 (36,244)

— (570) 3,086 (0) 0 6 528


Total net assets: Balance at the beginning of the fiscal year ............................................................ ¥1,592,553 Changes during the fiscal year Issuance of new stock....................................................................................... — Dividends paid .................................................................................................. (46,894) Net income ....................................................................................................... 253,662 Purchase of treasury stock ................................................................................ (2) Disposal of treasury stock ................................................................................. 0 Reversal of revaluation reserve for land.............................................................. 542 Net changes except for stockholders’ equity during the fiscal year .................... 43,468 250,776

(679,344)

3,051


¥1,592,553

$22,427

Total changes during the fiscal year................................................................... See accompanying notes to the consolidated financial statements.

264





30,416




Millions of yen

al Section

lion as of March 31, 2012 and 2011, respectively.

14. Commitment Line Agreements Overdraft agreements on current accounts and commitment line agreements for loans are agreements to extend loans up to the prearranged amount at a quoted rate during a specific future period upon customers’ requests, unless any terms or conditions in the agreements are violated. Unused balances related to these agreements as of March 31, 2012 and 2011 amounted to ¥8,010,389 million ($97,461 million) and ¥7,801,642 million, respectively, including ¥7,756,264 million ($94,369 million) and ¥7,584,472 million of agreements with original terms of one year or less or those that are unconditionally cancellable by the Group at any time without penalty. The unused balances do not necessarily affect future cash flows of the Group because most of these agreements are expected to expire without being exercised. In addition, most agreements contain provisions which stipulate that the Group may decline to extend loans or reduce the prearranged commitment amount when there are adverse changes in the financial conditions of the borrowers or for other reasons. When extending loans to customers, the Group may request collateral or guarantees such as real estate and securities if deemed necessary. After originating loans, the Group periodically checks the financial condition of the borrowers based on its internal rules and, if necessary, takes measures to ensure the security of the loans.

15. Deposits Deposits as of March 31, 2012 and 2011 consisted of the following: Millions of U.S. dollars


2011

2012

Current deposits ............................................................................... ¥02,851,760 Ordinary deposits ............................................................................. 17,956,399 Savings deposits .............................................................................. 374,656 Notice deposits................................................................................. 112,474 Time deposits ................................................................................... 12,559,450 Other deposits .................................................................................. 668,862

¥02,178,738 17,743,528 385,067 120,243 12,864,676 887,693

$034,697 218,474 4,558 1,368 152,809 8,137

Total ......................................................................................... ¥34,523,604

¥34,179,947

$420,046




265

FINANCIAL INFORMATION OF RESONA BANK, LTD.

Resona Bank, Ltd.

Millions of U.S. dollars


March 31, 2012

2012

2011

¥02,380,432 207,729 58,169 606,462 5,347,385 17,193,240 53,720 1,590,339 221,615 48,465 123,223 380,015 (254,987)

$026,496 852 962 8,009 75,661 207,585 773 13,231 2,619 573 1,384 4,174 (2,732)

Total Assets ............................................................................................................ ¥27,911,127

¥27,955,814

$339,592

Liabilities Deposits ................................................................................................................. ¥20,828,267 Negotiable certificates of deposit ............................................................................ 1,396,860 Call money.............................................................................................................. 353,083 Payables under repurchase agreements ................................................................. 11,998 Payables under securities lending transactions........................................................ 254,943 Trading liabilities...................................................................................................... 273,900 Borrowed money .................................................................................................... 1,393,232 Foreign exchange liabilities...................................................................................... 5,657 Bonds..................................................................................................................... 705,183 Due to trust account ............................................................................................... 354,818 Other liabilities......................................................................................................... 685,944 Reserve for employees’ bonuses ............................................................................ 8,374 Other reserves ........................................................................................................ 29,189 Deferred tax liabilities for land revaluation ................................................................ 23,713 Acceptances and guarantees.................................................................................. 343,093

¥20,811,898 1,477,620 212,423 142,972 — 244,816 1,589,967 6,075 606,255 375,866 915,355 8,337 21,859 28,277 380,015

$253,416 16,995 4,295 145 3,101 3,332 16,951 68 8,579 4,317 8,345 101 355 288 4,174

Total Liabilities ................................................................................................ ¥26,668,260

¥26,821,740

$324,470

Net assets Capital stock........................................................................................................... ¥00,279,928 Capital surplus ........................................................................................................ 377,178 Capital reserve .................................................................................................... 279,928 Other capital surplus ........................................................................................... 97,250 Retained earnings ................................................................................................... 455,915

¥00,279,928 377,178 279,928 97,250 373,425

$003,405 4,589 3,405 1,183 5,547

Total shareholders’ equity .............................................................................. ¥01,113,022

¥01,030,532

$013,542

60,321 28,259 41,262

47,619 17,483 38,438

733 343 502

Total valuation and translation differences ...................................................... ¥00,129,844

¥00.103,541

$001,579

Total Net Assets ........................................................................................ ¥01,242,866

¥01,134,074

$015,121

Total Liabilities and Net Assets ............................................................................... ¥27,911,127

¥27,955,814

$339,592

Net unrealized gains on available-for-sale securities ................................................ Net deferred gains on hedges ................................................................................. Revaluation reserve for land ....................................................................................

Notes: 1. Amounts of less than one million yen have been rounded down. 2. The rate of ¥82.19=U.S.$1.00, the approximate rate of exchange in effect on March 31, 2012, has been used. 3. The distributable amount available for dividends which is defined under the Company Law was ¥553,165 million as of the end of March 2012. Of this amount, the Bank distributed ¥92,850 million as term-end dividends for its common and preferred stock shares.

266





Assets Cash and due from banks....................................................................................... ¥02,177,774 Call loans ................................................................................................................ 70,045 Monetary claims bought.......................................................................................... 79,103 Trading assets ........................................................................................................ 658,269 Securities ................................................................................................................ 6,218,603 Loans and bills discounted...................................................................................... 17,061,490 Foreign exchange assets ........................................................................................ 63,536 Other assets ........................................................................................................... 1,087,524 Tangible fixed assets............................................................................................... 215,277 Intangible fixed assets............................................................................................. 47,170 Deferred tax assets ................................................................................................. 113,811 Customers’ liabilities for acceptances and guarantees ............................................ 343,093 Reserve for possible loan losses ............................................................................. (224,573)


Non-consolidated Balance Sheet


115

Non-consolidated Statement of Income Resona Bank, Ltd.

Millions of U.S. dollars

Millions of yen

Financial Section

2012

2011

2012

Income Interest income............................................................................................................. ¥324,573 Interest on loans and bills discounted ....................................................................... 274,767 Interest and dividends on securities.......................................................................... 34,596 Other interest income ............................................................................................... 15,209 Trust fees ..................................................................................................................... 23,497 Fees and commissions................................................................................................. 105,116 Trading income ............................................................................................................ 12,183 Other operating income................................................................................................ 44,789 Other income ............................................................................................................... 65,316

¥341,980 290,925 31,731 19,323 25,937 104,568 30,499 40,771 45,230

$3,949 3,343 420 185 285 1,278 148 544 794

Total Income ......................................................................................................

575,477

588,989

7,001

Expenses Interest expenses ......................................................................................................... Interest on deposits.................................................................................................. Other interest expenses............................................................................................ Fees and commissions................................................................................................. Trading expenses ......................................................................................................... Other operating expenses ............................................................................................ General and administrative expenses ........................................................................... Other expenses ............................................................................................................

43,229 18,509 24,719 50,159 — 13,591 223,169 66,913

50,405 23,670 26,735 51,289 365 40,893 228,296 62,432

525 225 300 610 — 165 2,715 814

Total Expenses...................................................................................................

397,062

433,683

4,831

Income before income taxes ........................................................................................ Income taxes—current ................................................................................................. Income taxes—deferred ...............................................................................................

178,415 (5,846) (2,684)

155,305 (10,408) 60,551

2,170 (71) (32)

Net income................................................................................................................... ¥186,946

¥105,161

$2,274

Year ended March 31, 2012

Notes: 1. Amounts of less than one million yen have been rounded down. 2. The rate of ¥82.19=U.S.$1.00, the approximate rate of exchange in effect on March 31, 2012, has been used.




267

CAPITAL

The composition of the capital of Resona Holdings, Inc., is as shown below. Please note that the capital ratio is calculated based on the “Notification on Consolidated Capital Adequacy,” and is computed on a consolidated basis. The amounts of credit risk assets are calculated according to the Foundation Internal Ratings-Based (hereafter, F-IRB) Approach.

Consolidated Capital Adequacy Ratio (Japanese Domestic Standard)

(Millions of yen)

As of March 31, 2012

Tier 1 capital

Deductions Total qualifying capital Risk-weighted assets

(A)+(C)–(D)

On-balance-sheet items Off-balance-sheet items Credit risk assets Market risk equivalent assets (H)/8% (For reference: Amount equivalent to market risk) Operational risk equivalent assets (J)/8% (For reference: Amount equivalent to operational risk) Credit risk asset adjustments Amount equivalent to operational risk adjustments Total (F)+(G)+( I )+(K)+(L) Capital adequacy ratio (Japanese domestic standard) (E)/(M) x 100 (%) Consolidated Tier 1 capital ratio (A)/(M) x 100 (%) Percentage of preferred securities with conditions for interest rate step-ups in consolidated Tier 1 capital = (B)/(A) x 100 (%) Total consolidated capital required (Note 7)

2011

340,472 — — 237,082 1,086,693 86,849 — 46,404 — (4,629) — 109,845 94,518 — — 9,160 — 1,627,049 — 1,627,049 94,518 — 29,257 10,853 46,763 593,617 123,318

340,472 — — 237,082 879,383 86,847 — 46,894 — (4,468) — 110,248 95,622 — — 10,036 — 1,418,940 — 1,418,940 95,622 — 30,040 12,708 50,902 621,469 248,169

340,472 — — 237,082 1,086,693 86,849 — 46,404 — (4,629) — 109,845 94,518 — — 9,160 — 1,627,049 — 1,627,049 94,518 52,492 29,257 10,810 93,914 593,617 123,318

(C) (D)

470,298 680,491 680,491 6,137

373,300 715,121 715,121 15,055

470,298 780,092 780,092 6,214

(E)

2,301,403

2,119,006

2,400,927

(F) (G) (H) (I) (J) (K) (L) (M)

15,169,239 1,157,311 16,236,551 — — 1,115,625 89,250 — — 17,442,176 13.19 9.32

16,250,356 1,474,360 17,724,716 — — 1,169,164 93,533 — — 18,893,881 11.21 7.51

15,233,954 1,157,337 16,391,291 267,945 21,435 1,115,625 89,250 — — 17,774,863 13.50 9.15

5.80 1,395,374

6.73 1,511,510

5.80 1,421,989

(A) (B)

Notes: 1. Since the holding company’s capital stock cannot be classified by types of shares issued, the amount of non-cumulative perpetual preferred stock is not shown. 2. The amount of net deferred tax assets at March 31, 2011, was ¥186,996 million, and the limit allowed to incorporate deferred tax assets into regulatory capital was ¥283,788 million. The amount of net deferred tax assets at March 31, 2012, was ¥169,335 million, and the limit allowed to incorporate deferred tax assets into regulatory capital was ¥325,409 million.

268




136 Status of Capital Adequacy/Basel II Data Section

Tier 2 capital

Capital stock Non-cumulative perpetual preferred stock (Note 1) Advance payment for new shares Capital surplus Retained earnings Less: Treasury stock Advance payment for treasury stock Less: Planned distribution of income Less: Unrealized loss on available-for-sale securities Foreign currency translation adjustments Rights to acquire new shares Minority interests in consolidated subsidiaries Preferred securities issued by overseas SPCs Less: Goodwill Less: Intangible fixed assets recognized as a result of a merger Less: Capital increase due to securitization transactions Less: 50% of excess of expected losses relative to eligible reserves Total of Tier 1 capital before deduction of deferred tax assets Less: Deduction of deferred tax assets (Note 2) Subtotal Preferred securities with a step-up interest rate provision (Note 3) 45% of unrealized gains on available-for-sale securities 45% of revaluation reserve for land General reserve for possible loan losses Excess of eligible reserves relative to expected losses Hybrid debt capital instruments Perpetual subordinated debt (Note 4) Subordinated debt with maturity dates and preferred stocks with maturity dates (Note 5) Subtotal Tier 2 capital included as qualifying capital Deductions for total risk-based capital (Note 6)

2012 (For reference: BIS International Standard)


Structure of Capital and Assessment of Capital Adequacy

RISK MANAGEMENT SYSTEMS

RISK MANAGEMENT SYSTEMS

Based on the Group Risk Management Policy, each

Basic Approach to Risk Management

Group bank has established its own risk management policy

We deeply regret the serious concern and inconvenience

that is tailored to its operations, unique characteristics, and

that the injection of public funds in June 2003 caused the

the risks it must address. The risk management policies of

people of Japan, our customers, and other stakeholders.

Resona Holdings and Group banks create a basic framework

Consequently, we have established the risk management

for managing risk by defining the types of risk that must be

principles below to enhance our risk management systems

managed and establishing organizations or systems that

and methods as well as risk control. Resona Holdings and

manage risk.

other Resona Group companies conduct their risk manage-

Resona Holdings and Group banks have established risk

ment activities with an eye to securing the soundness of

management departments for managing different types of

operations and enhancing profitability.

risk, along with a Risk Management Division, to integrate the

1. We will not assume levels of risk in excess of our economic capital.

management and control of all types of risk. Principal risk

2. We will deal promptly with losses that we have incurred or expect to incur.

using a method that is tailored to its characteristics.

3. We will take risks appropriate for our earnings power.

also established risk management policies that are tailored

categories are outlined below, and each risk is managed Principal Group companies, other than the banks, have to their own operations, special characteristics, and risks. In addition to establishing risk management systems and

Risk Management Policies and Systems Resona Holdings has established the Group Risk Management Policy that serves as the Group’s basic risk management policy.

frameworks, these policies establish guidelines for avoiding risks outside their fundamental business areas. These Group companies have also established risk management departments for managing different categories of risk and risk management divisions for comprehensive risk management.

Risk Management Methods Risk Category

Definition

Comprehensive risk management (setting risk limits, assessing risk, allocation of risk capital, etc.)

Credit risk

Risk of losses that arises when the value of assets (including off balance sheet assets) declines or is destroyed as a result of the deterioration of the financial position of obligors

Setting risk limits, credit rating system, portfolio management, credit analysis and management, etc.

Market risk

Risk of losses that may occur when the price of assets and liabilities (including off balance sheet assets and liabilities) change because of fluctuations in market risk factors, including interest rates, foreign currency exchange rates, and stock prices

Setting risk limits, setting loss limits, setting position limits, etc.

Liquidity risk

Risk of losses that may occur when a party has difficulty in raising the necessary funds or is forced to raise such funds at higher than normal rates

Recognition of liquidity emergencies, response system for emergencies, guidelines for liquidity risk management indicators, etc.

Operational risk

Risk of losses that may occur when internal processes, personnel, and/or systems function improperly or fail to function and when external factors result in such losses

Control self-assessments (CSAs), analysis of loss data, etc.

Processing risk

Risk of losses that may occur when management and/or staff fail to perform processing work accurately and when they cause accidents or commit fraud

Improvements in business processes, training and education, guidance for clerical operations, etc.

Systems risk

Risk of losses that may occur when computer systems are down or perform improperly and when fraud occurs

Control through systems risk management standards, preparation of contingency plans, etc.

Legal and compliance risks

Risk of losses that may occur when legal regulations and contracts are violated and when fraudulent contracts are concluded

Compliance checks, improvements through compliance programs, etc.

Trust asset management risk

Risk of losses that may occur when a trustee fails to fulfill his/her fiduciary responsibilities and does not exercise the due care expected of a prudent manager and, as a result, the trust assets are lost or otherwise impaired and compensation must be provided to the owners of the assets

Improvement in business processes, training and education, guidance for clerical operations, etc.

Other operational risk

Risk of losses that may occur when tangible assets are damaged or destroyed as a result of natural disasters, fires, or other contingencies and the risk of losses resulting from external criminal activities that cause losses to clients and must be compensated

Improvements in facilities to minimize risks of natural disasters and financial crime by outsiders, strengthening procedures, etc.

Risk of losses that may occur when reports in the media, rumors, false information, and unfounded reports have a detrimental effect on a company’s reputation

Dissemination of timely and appropriate information, monitoring of media, etc., preparation of crisis management systems.

Reputational risk




269

Group Management by Resona Holdings Resona Holdings provides common guidance and direction

companies through prior consultation, thus controlling the

to all Group companies regarding risk management policies,

Group risk management framework. Furthermore, Resona Holdings controls risk taking by Group

standards, and systems. The Group management framework requires that Group

companies by requiring prior discussion of their limits and

companies confer with Resona Holdings in advance of mak-

guidelines. Group companies must make reports to Resona

ing decisions on important matters related to risk manage-

Holdings regarding the risk conditions and their management

ment and base their decisions on those consultations.

on a regular and as-needed basis so that the holding company can provide guidance and direction as necessary.

In addition to providing direction to Group companies regarding risk management policies as well as rules, stan-

As shown by the chart below, we have formed risk man-

dards, and systems, Resona Holdings verifies risk manage-

agement divisions within Resona Holdings for managing

ment policies, rules, standards, and systems at all Group

each type of risk on a Groupwide basis.

[ Group Risk Management Systems in Outline ]

Resona Holdings

Board of Directors Representative Executive Officers Executive Committee Group Risk Management Committee

Committees and councils Housing Loan Management Committee

Group Liquidity Risk Management Committee

Comprehensive risk management Management of each type of risk

Group Compliance Committee Risk Management Division

Credit Risk Management Division

Risk Management/ Business Process Reengineering/ Compliance Divisions

Risk Management Division

IT Planning Division

Compliance Division


1) Prior consultation system (Holding company Group companies), 2) Reporting system (Group companies 3) Guidance/advice (Holding company Group companies)

Corporate Communications Division

Holding company),

Group banks and other Group companies

Risk category

Credit risk

Market risk

Liquidity risk

Processing risk

Systems risk

Legal and Trust asset compliance risks management risk

Other operational risk

Operational risk

Reputational risk

Resona Holdings Group Management Framework

1) Prior discussion system

Group companies must engage in prior discussion with Resona Holdings in the situations listed below. • When establishing or revising important risk management policies or rules • When establishing all types of risk-related limits and guidelines • When making decisions about other important risk management matters

2) Reporting system

• All Group companies must make periodic reports to Resona Holdings regarding the status of risks and risk management. • Reports are made as needed, for example, when critical risk management issues arise.

3) Guidance and advice

• Resona Holdings presents such Groupwide risk management items as policies, standards, and systems to all Group companies. • Resona Holdings provides individual guidance and advice as necessary, based on reports from Group companies.

COMPREHENSIVE RISK MANAGEMENT

Comprehensive Risk Management Systems

Basic Approach to Comprehensive Risk Management

Comprehensive risk management divisions have been

Comprehensive risk management measures and controls dif-

formed within Resona Holdings and the Group banks, and

fering kinds of risk from an overall perspective, and its objec-

each of these divisions is responsible for comprehensive risk

tive is to maintain the sound management of the Resona

management of the Group and the banks, respectively.

Group as a whole. To secure such sound management, the fundamental approach is to manage operations so as to maintain major types of risk within the limits of core capital.

270




All Group banks measure the volume of credit risk, market

there are risks that cannot be quantified by statistical risk

risk, and operational risk using the risk management indica-

management methods. Based on this fact, Resona Holdings

tor value at risk (VaR*) and establish risk limits (make risk

and Group banks strive to study and understand the incom-

capital allocations) on these types of risk. Risk management

pleteness and specific weak points of the VaR method,

is conducted to control risk within these established limits.

thereby assessing and recognizing the impact of such limita-

When the Group banks set their risk limits, Resona

tions of their risk measurement. For risks that cannot be

Holdings holds prior consultation with each bank and verifies

identified or quantified by the VaR method, Resona Holdings

the details of the limits to be established to confirm the

conducts qualitative assessment through various stress-

soundness of the Group as a whole. In addition, Resona

testing and the use of risk-assessment mapping. In this way,

Holdings receives periodic reports from the Group banks

Resona Holdings aims to enhance the quality of its compre-

regarding the status of risk management and confirms the

hensive risk management.

status of comprehensive risk management of the Group.

* VaR, or value at risk, is a risk management indicator that is calculated using statistical methods to measure the maximum loss that may occur with a specified confidence interval (probability) and over a specified period.

In addition, although the Resona Group is constantly working to improve the quality of risk measurement through various means, including the application of the VaR method,

[ Resona Group’s Allocation of Risk Capital (Establishment of Risk Limits) ] Primary risks (credit risk, market risk (including equity investments), and operational risk) are controlled within the scope of Tier 1 capital. Sufficient risk buffers in the form of the remainder of Tier 1 and Tier 2 are provided against the risk volume assumed under a stress test or the risks that are difficult to measure.

[ Risk Amounts Relative to Capital (Year ended March 31, 2012) ] (Billions of yen) 2,500 Tier 2 2,000

Soundness is secured by covering risks with Tier 1 capital, which is close to risk capital.

1,500

The adequacy of capital is assessed on the basis of management of the capital adequacy ratio and comprehensive risk management. Assumptions for measuring the VaR Confidence interval Holding period

1,000

Operational risk ¥57.0 billion

Tier 1

Market risk ¥137.1 billion

500

Credit risk ¥364.6 billion

0

Risk Tolerance

Risk Capital

Risk Volume

99%

* A 99.9% level is used as an auxiliary risk amount under stress conditions.

Risk Buffer

Credit risk: 1 year Market risk: 10 days to six months, depending on the nature of assets Operational risk: 1 year

* Risk tolerance has been adjusted to capital (Tier 1 and Tier 2) for internal management purposes.

CREDIT RISK MANAGEMENT

Credit Risk Management Frameworks and Systems

Basic Approach to Credit Risk Management

The Credit Risk Management Division is in charge of manag-

We define credit risk as “a risk that arises when the value of

ing credit risk at Resona Holdings. This division collects

assets declines or is destroyed as a result of the deteriora-

information relating to credit and other risks from all Resona

tion of the financial position of obligors.”

Group banks and controls credit risk management in the

The Resona Group manages credit risk by maintaining

Resona Group while coordinating relevant activities through

appropriate earnings in relation to credit costs by accumulat-

effective planning and strategy formulation. When the divi-

ing sound and profitable assets through appropriate credit

sion identifies credit risk management issues through its

analysis and management. At the same time, by promoting

operations, it collaborates with the Risk Management

the thorough distribution of risk through accurate credit port-

Division in charge of comprehensive risk management within

folio management and controlling the amount of credit risk

the entire Group, on an as-required basis, to make appropri-

within appropriate limits, we aim to maintain the soundness

ate responses, such as instructing relevant Resona Group

of our operations.

banks and divisions to solve the issues. In addition, the

Positioning credit risk management as one of the most

Credit Risk Management Division, regularly or on an as-

important management issues, Resona Holdings has formu-

required basis, monitors the status of Groupwide credit risk

lated the Group Risk Management Policy. Based on this pol-

and Group banks’ management. The results of such moni-

icy, the Resona Group establishes and upgrades its credit

toring are reported to the management of Resona Holdings

risk management systems and relevant procedures.




271

through the Executive Committee and other relevant com-

rating at least once a year. Also, in cases where claims are

mittees. Please note that for housing loans, which account

past due or the business performance of obligors deterio-

for a high percentage of the loan portfolio, the Groupwide

rates, timely and appropriate reviews are conducted.

Housing Loan Management Committee meets periodically,

Moreover, to accurately assess and measure the credit

with the objective of enhancing the sophistication of credit

risk of the Group’s credit portfolio, Group companies make

risk management.

use of measures of exposure, the average credit loss

With the aim of complementing the aforementioned

amount, credit risk amounts, etc.

Groupwide structure and systems, Resona Group banks have in place effective credit risk management frameworks

Monitoring of Credit Risk

and systems consistent with the nature of their credit risk

Group banks monitor the credit risk standing of their cus-

management. Organizations responsible for credit risk man-

tomers by monitoring their fulfillment of contractual repay-

agement at Resona Group banks are credit committees and

ment schedules, their business performance, financial

credit risk management-related departments, which include

position, qualitative factors, and other indicators. Especially

divisions responsible for credit risk management, credit

for customers to which the Resona Group has major credit

analysis, and administration of problem loans.

exposure and may have a major impact on the Group’s management, monitoring is carried out more strictly and on

[Credit Risk Management System of the Resona Group Banks]

a continuing basis. To monitor the credit risk of the Group’s portfolio, related

Portfolio management

Credit risk analysis and management

data is classified according to assigned credit rating, industry, region, and other criteria. Based on this classification,

Branches and operating offices

Reports Reports

Departments in charge of credit analysis

Auditing

Document approvals, verification of status of credit operations, etc. Departments responsible for monitoring problem assets

Supervision

loss amount, credit risk amounts, and other indicators and follow carefully and analyze changes in credit risk, concentrations of credit risk, and risk versus return conditions. Control and Mitigation of Credit Risk When screening applications for credit, Group banks exam-

Discussion of lending policies for major borrowers and reporting Credit Committee

Internal Auditing

Portfolio monitoring, management of position limits, etc.

Credit risk management departments

Group banks calculate credit risk exposure, average credit

Circulation of approval documents, applications for rating, etc.

Reports Auditing Council Supervision

Board of Directors

ine and gain a firm grasp of the applicant’s financial position, uses of funds, resources for the repayment of obligations, and other related matters, and, then taking account of special risk characteristics or other issues, perform appropriate credit analyses. To deal with concentrations of exposure to specific cus-

Credit Policy

tomers or groups of customers, in view of possible reper-

The Resona Group, reflecting upon its experience of receiv-

cussions for the Resona Group’s management, Group

ing a capital infusion with public funds, has established a

banks set credit limits, or credit ceilings, and adopt other

unified Group Credit Policy, which lays out a standard set of

measures to manage such circumstances.

basic principles for credit management for the Group as a

When we determine that certain customers need to be

whole. The Credit Policy describes in detail principles and

given special attention because of deterioration in perform-

rules for credit operations with the objective of building a

ance or other circumstances, Group banks make appropri-

sound portfolio of loans to SMEs and individuals that is well

ate provisions for potential credit losses and immediately

diversified and yielding appropriate returns. Group Credit

take steps to revitalize the customer’s business activities

Policy is frequently referred to in the daily operating proce-

and recover credit to keep losses to an absolute minimum.

dures as well as on the occasions of internal training.

In addition, Group banks are taking active initiatives to reduce credit risk by working to make improvements in the

Outline of Procedures for Credit Risk Management

management of customers’ business operations through

Identification and Assessment of Credit Risk

providing support in the form of management consultation,

To accurately assess and measure credit risk, each Group

management guidance, and management improvement

bank assigns a credit rating to every obligor and reviews this

activities.

272




Internal Credit Ratings Outline of Internal Credit Ratings

provision of loan loss reserves. Expected credit costs are

Resona Group banks assess the credit risk of their cus-

calculated based on the probability of default for each credit

tomers based on their financial position and other factors in

rating category, and such estimated credit costs are used to

accordance with established rules, assigning one of 12

measure and manage the profitability of individual customer

notch ratings. These credit ratings reflect the obligor’s credit

accounts. As a result, the Group works to obtain earnings

risk standing, and they are used as one important criterion in

that are commensurate with the credit risk taken.

making judgments regarding the extension of credit.

Various models used in such internal credit ratings are

Assignment of customers to the obligor classification is

verified at least once a year by the Credit Risk Management

based on their credit ratings. Since necessary write-offs and

Division for adequacy. The results of such verification are

loan loss reserves are estimated based on the results of self-

reported to the management of Resona Holdings, and these

assessments of asset quality, the internal credit rating sys-

risk models are subject to review and revision on an as-

tem occupies an extremely important position as a basic

required basis.

indicator for self-assessments as well as write-offs and [ Credit Rating Scale] Obligor Ratings

Obligor Category

Definition

Outstanding

Very high probability of meeting obligations; operations are stable

A

Superior

High probability of meeting obligations; operations are stable

B

Good

Sufficient probability of meeting obligations but, if the economy and business environment deteriorate substantially, there is a possibility this will have an effect on the obligor

Above average

There are no problems regarding the probability of meeting obligations, but, if the economy and the business environment deteriorate substantially, there is a possibility that the probability of meeting future obligations will decrease.

D

Average

There are no problems regarding the probability of meeting obligations for the time being, but, if the economy and business environment deteriorate substantially, there is a possibility that the probability of meeting future obligations will decrease.

E

Below average

There are no problems regarding the probability of meeting obligations at present, but there are elements of uncertainty regarding business performance and financial position, and, as a result of changes or other developments related to economic trends and the business environment, there is concern that problems may arise related to meeting future obligations.

F

Watch I

Business performance is weak or uncertain, and there are problems related to financial position and other matters; therefore, monitoring and attention are necessary going forward.

Watch II

Business performance is weak or uncertain, and there are problems related to financial position and other matters; therefore, close monitoring and attention are necessary going forward.

Special attention

Business performance is weak or uncertain, there are problems related to financial position and other matters regarding the obligor, and there are problems regarding lending conditions and meeting obligations.

SA

C

G

Normal

Watch

H I

Doubtful

At present, the obligor is not in bankruptcy but is experiencing management difficulties, the state of progress toward the implementation of management reform plans is not satisfactory, and, going forward, there is a strong possibility of bankruptcy.

J

Effectively Bankrupt

Although not, in fact, legally or formally, in bankruptcy, the obligor is effectively in bankruptcy, as it is recognized to be experiencing serious management difficulties, and there are no prospects for restructuring.

K

Bankrupt

The obligor is legally and formally in bankruptcy.

Outline of Rating Procedures

Specialised Lending

Corporate Exposures

In the case of non-recourse loans for which the nonexempt

For industrial corporations in general, business proprietor-

property is public infrastructure, tangible assets (such as

ships, financial institutions, and others, the Group uses a rat-

ships and aircraft), and/or commercial real estate, such

ing model to assign credit scores based on the obligor’s

loans are divided into four types—project finance, object

financial information. The Group decides on credit ratings

finance, commercial real estate lending, and highly volatile

based also on qualitative factors, ratings by external agen-

commercial real estate lending—and scoring models for

cies, the credit condition of related parties, and, the most

each of these four types are applied. For all of these four

important, the most up-to-date information that can be col-

types, indicators that are used as the basis for scoring

lected. In the case of governments, regional governments

include the loan to value (LTV) ratio (ratio of the loan expo-

and entities, and other obligors for which scoring based on

sure to the value of the assets) and the debt service cover-

rating models is not appropriate, ratings are assigned based

age ratio (DSCR, the ratio of the annual interest and principal

on financial strengths, taking account of the special features

to be paid to net income). In addition, qualitative and other

of these entities.

information, such as the viability of the underlying business activities and information on the nonexempt property, is also taken into account in deciding on ratings.




273

Retail Exposures

LGD (Loss Given Default) Ratings

Exposure other than that outstanding to industrial corpora-

The Resona Group adopts an LGD rating approach which

tions is divided into three categories—residential mortgage

assigns a rating to an individual credit. Together with the

exposures, qualified revolving retail exposures, and other

internal credit ratings, LGD ratings are used as criteria for

retail exposure. Exposures in each category that have similar

decision making in the assessment of individual credit while

risk characteristics are then organized into pools and risk

being applied in the monitoring of overall profitability for each

management is conducted for each of these pools.

customer account as well as in credit portfolio management. Individual credits are assigned with a rating in accordance

Equity Exposures

with their estimated collectibility as measured in LGD*2. A

The Group banks employ the PD/LGD method* for calculat-

high rating indicates low LGD, representing high collectibility

ing risk assets for their equity investments for relationship

at loan default, while a low rating indicates high LGD, repre-

purposes (with the exception of those stocks for which other

senting low collectibility.

1

methods of calculation have been specified) and use the same method that is used in calculating exposure to indus-

Parameter Estimates

trial corporations to assign credit ratings.

The Group banks estimate and verify the PD*3 for each internal credit rating category in accordance with the stipulation

Funds, Etc. (Equivalent Exposure Basis)

under the Notification on Capital Adequacy, based on their

The Resona Group makes investments in equity investment

combined past data. For retail exposures, PD is estimated

trusts, bond investment trusts, and various types of other

for each of the loan pools defined by the two banks. Such

funds. In calculating risk assets for funds, the Group con-

estimates are used in the calculation of the two banks’ capi-

ducts a look-through (examination of the individual assets

tal adequacy ratios. These parameters are also used for

underlying these funds) and, in principle, uses the total

decision making concerning risk capital allocation and risk-

amount of underlying individual credit risk assets to calculate

adjusted asset management by major business lines.

its credit risk exposure. When the PD/LGD method is used

*1 The PD/LGD method is a method used for calculating credit risk assets by taking account of PD and LGD for each credit rating category. *2 LGD is the ratio of the loss at the time of default to the amount of exposure. *3 PD is the probability of default of an obligor (in the case of a business corporation) in a certain credit rating category or the probability of default on a transaction that is part of a transactions pool (in the case of retail transactions) over a one-year period.

to calculate the credit risk assets of the underlying assets through the conduct of a look-through, the credit rating is determined using a similar approach as applied to exposures to industrial corporations.

[ Portfolio Classification and Internal Credit Ratings ] Asset Classification

Enterprises Corporate

Self-employed Individuals Specialised Lending

Corporate Exposures

Definition

Applicable Systems and Rules

Business with credit amount exceeding ¥100 million

Internal Credit and LGD Ratings

Self-employed individuals with credit amount exceeding ¥100 million


Project finance, object finance, commercial real estate lending, and highly volatile

Internal Credit Ratings

commercial real estate lending

Sovereign

Central governments, central banks, government affiliated institutions, local public organizations, certain public corporations, credit guarantee corporations, international institutions, and others (Japan, overseas)


Financial Institution

Banks and securities companies (Japan, overseas)


Residential Mortgage

Loans for individuals to acquire residential real estate

Qualifying Revolving Loans Retail Exposures Other Retail Exposures

Unsecured card loans for individuals with a credit ceiling of less than ¥10 million

Equity Exposures

Stocks held for relationship purposes

Retail exposures (excluding exposures to those who are self-employed) other than loans to acquire residential real estate and qualifying revolving loans Exposures other than the above having a credit amount less than ¥100 million

Rules for Retail Pool Management*

Internal Credit Ratings

* Internal credit ratings are applied to those enterprises classified as “other retail exposures.”

274




Portfolio Management Framework to Monitor and Eliminate Concentration

[ Calculation of Credit Risk Volume]

Risks Amount of credit exposure

Credit portfolio management, which involves management of the two pillars of credit risk management, with credit analysis

Information on coverage, recovery rate, etc. Default ratios (by credit rating category)

and management being another pillar.

Default correlation

the overall portfolio of loans and bills discounted, is one of

Overall status of the portfolio as measured by: Credit risk volume (UL) Average credit loss (EL)

Excessive concentrations of loans and bills discounted to certain obligors resulted in substantial credit losses, and, in light of the Group banks’ experience in receiving a capital

[ General Image of the Distribution of Losses]

infusion with public funds, it has implemented a credit ceiling this system, Group banks established an upper limit based on their respective financial strength to prevent the total credits they extend to a single obligor from exceeding the ceiling. Adherence by subsidiary banks to their respective ceilings is monitored on a regular basis. By analyzing the composition of our credit portfolio by such

Frequency of losses

system that prevents excessive concentration of risk. Under

Given the distribution of the credit exposure amount by obligor and default correlation, the distribution of frequency and the amount of losses are as shown here. Maximum loss based on a specified confidence interval Average credit loss Credit risk volume

criteria as credit rating and industry classifications, we regularAmount of losses

ly monitor changes in the amount of credit exposure and credit costs as well as the state of risks and returns.

Use of Portfolio Analysis Quantifying and Establishing Limits for Credit Risk

To promote the sophistication of risk management with such

The Resona Group calculates credit risk for its entire credit

initiatives as credit portfolio analysis, it is necessary to calcu-

portfolio using a model to quantify credit risk, and this is used

late the credit risk amount for individual obligors and indus-

for internal control purposes. Specifically, using the credit

tries. The Resona Group distributes the credit risk amount

amount, status of coverage, the ratio of recoveries, the default

measured for the entire credit portfolio to individual obligor

ratios by credit rating category, default correlations, and other

units, and, after compiling the risk by segment, uses these

data, the average credit loss (EL: expected loss) as well as the

data in portfolio analysis.

credit risk volume (UL: unexpected loss) are calculated, and limits are set on the volume of credit risk. The Resona Group controls quantified credit risk within this fixed limit.

Credit Analysis and Management Individual Credit Assessments

problem claims make decisions on the application. The

Credit analysis and management entail case-by-case credit

credit analysis divisions use an assessment system that

assessments, or the credit management of individual oblig-

takes account of the potential obligor’s size, industry, and

ors. In handling credit operations, to make highly accurate

the level of credit risk.

and reliable credit assessments, Group bank branches engage in comprehensive evaluations of such quantitative

Obligor Management

information as financial statements and such qualitative

After credit has been granted, the Group banks monitor the

information as information about the business environment

use of loan proceeds and the fulfillment of lending conditions

and the quality of the management, along with assessments

as well as periodically assess business conditions and the

of how the loan will be used, the adequacy of repayment

status of company plans.

sources, lending conditions, and other matters.

Through the monitoring of the status of obligors’ credit

In cases where credit exposure and the level of credit risk

risk, the credit analysis divisions, on an as-required basis,

involved exceed certain established levels, the Head Office

formulate appropriate policies and specific measures. Based

divisions responsible for credit analysis and management of

on these policies and measures, the credit analysis divisions




275

provide necessary guidance to branch offices while monitor-

manage their business status. After assessing their ability to

ing their operations to assure that the guidance provided is

recover their business in an appropriate manner, the prob-

closely observed. In particular, the credit analysis divisions

lem loan management division makes a decision on busi-

monitor large obligors more strictly and frequently, com-

ness revitalization or liquidation and claim collection. For

pared with other obligors, due to the significant impact they

obligors whose business is deemed recoverable, the Group

could have on its management and performance. In addi-

banks, as necessary, provide guidance in preparation of

tion, the credit analysis divisions conduct discussions with

restructuring plans, to provide as much support as possible

and make reports to the Credit Committees with regard to

for implementation of these plans. In addition, for those

the status of credit risk management and relevant policies

obligors behind in their payments, the Group banks identify

for such obligors.

and analyze the reasons for this delay in payment, provide

Resona Group banks, in principle, manage problem loans

timely consultation and advice, and take other initiatives to

in accordance with the significance of their credit risk. In

prevent prolongation of such delays. Especially in the case of

more specific terms, such claims are separately managed

SMEs, in view of the roles of financial institutions in society, the

depending on their internal ratings and obligor classification

Group banks provide support through detailed management

assigned to them. For obligors falling below a certain rating

consultation and guidance as well as offer support for prepar-

and obligor classification, the division responsible for prob-

ing management improvement plans, thus taking aggressive

lem loan management works to accurately monitor and

initiatives in helping them to revitalize their businesses.

Self-Assessments, Write-Offs, and Reserves Self-Assessments of Asset Quality

make write-offs of exposure and provisions to loan loss

Self-assessments of asset quality involve assessing the indi-

reserves.

vidual assets that Group banks hold and classifying them

• For exposure to obligors classified as normal, Group banks

according to the degree of risk in their recovery and impair-

set aside provisions to loan loss reserves based on

ment with a view to fully understanding the condition of the

expected losses calculated using the historical loan loss

banks’ assets and increasing their financial soundness.

rate for a specified period in the past. The amount of

Self-assessments of asset quality are the means for credit risk management as well as a preparatory step for compiling

expected losses over the coming one-year period is added to the general reserve for possible loan losses.

objective and accurate financial statements which fully reflect

• For exposure to watch obligors, Group banks set aside pro-

the write-offs and provisions of loan loss reserves necessi-

visions to loan loss reserves based on expected losses cal-

tated by the results of such self-assessments.

culated using the historical loan loss rate for a specified period in the past. The amount of expected losses over the

Rating

Obligor category

Claims category

Write-offs/reserves

A B C

Normal

• For exposure to doubtful obligors, Group banks subtract Reserves are provided based on the expected credit loss rate*.

E G

tion) is added to the general reserve for possible loan losses.

I (unclassified)

D F

coming one-year period (or over the coming three-year period in the case of watch obligors requiring special atten-

SA

Watch

H I

Doubtful

J

Effectively Bankrupt

K

Bankrupt

actual defaults over a specified period in the past, the Group banks estimate the amount of the expected loss

III

IV

collateral upon disposal and the value of guarantees, and then, based on the expected loss ratio calculated from

II Special Attention

the amount deemed recoverable based on the value of

The uncovered portion is provided for with reserves or write-offs*.

over the coming three years and add this expected loss to the specific reserve for possible loan losses. • For exposure to effectively bankrupt and bankrupt oblig-

* For certain large obligors among Watch, Special Attention, and Doubtful borrowers, reserves are provided based on the discounted cash flow (DCF) method.

ors, Group banks subtract the amount deemed recover-

Criteria for Write-Offs and Reserves

value of guarantees and then either write off the unrecover-

The Resona Group banks have established Criteria for Write-

able amount or add such amount to the specific reserve

Offs and Reserves, and, based on the results of their self-

for possible loan losses.

able based on the value of collateral upon disposal and the

assessments of asset quality, in principle, Group banks

276




Securitization Transactions The Resona Group, as noted below in this section, makes

sufficient and conduct stress tests taking into account

investments in securitized credit risk assets and engages in

changes in credit ratings, changes in market conditions, mar-

a range of other securitization transactions, including securi-

ket liquidity conditions, and individual factors. Please note that

tization* transactions of accounts receivable and notes

securitized products that are classified as re-securitized expo-

receivable as a financing method of our customers. Please

sure are managed in the same way as securitization exposure.

note that the method for calculating credit risk assets in securitization exposure (including re-securitization exposure),

Securitization Exposures Originated

as regards accounting policy and quantitative information,

by the Holding Company Group

etc., is contained in the section “Status of Capital

The Group banks, to control credit risk and interest rate risk

Adequacy/Basel II Data Section.”

of assets on the balance sheets, securitize housing loans

* The Notification on Capital Adequacy issued by the Financial Services Agency defines securitization transactions as follows. “Transactions in which the underlying assets are classified into two or more categories by the level of credit risk (from preferred to subordinated) and then sold, in part or in their entirety, to third parties. However, specialised lending claims are excluded from such transactions.” In addition, re-securitization transactions are specified to be “those securitization transactions in which a portion or all of the underlying assets are securitization exposure.”

and non-performing loans. In those cases where the Group

Securitization Exposures Held

Securitization Exposure as Sponsor

by the Holding Company Group as an Investor

of Securitization Programs

The Group banks may hold for investment purposes invest-

The Group banks offer asset-backed commercial paper

ment products for which the underlying assets are housing

(ABCP) programs and asset-based lending (ABL) programs

loans and commercial real estate. These may include instru-

to enable its customers to raise funds through the securitiza-

ments that are classified as securitization exposure. To man-

tion of their accounts receivable and notes receivable.

age the risk of this exposure, criteria based on ratings issued

Certain ABCP backup lines and ABL may be classified as

by qualified credit rating agencies (Eligible External Credit

securitization exposure. When such transactions are con-

Assessment Institutions (ECAI)) have been established for

ducted, conditions regarding claims that can be securitized

acquiring such securitized products and investment instru-

and originator criteria have been established. In addition,

ments. Position limits are established for the sake of control-

confirmations are made regarding the absence of related

ling and diversifying risk. Also, securitized products in addition

risks, including the risk that claims may be contested by

to general market risk (including interest rate risk, exchange

third parties, risks of fraud—such as the non-existence of

risk, and price fluctuation risk) may also have risks that are

the actual claims—the risks of dilution of claims as a result of

particular to securitized products, including risk arising from

the return of goods, and the risk of claims being offset by

changes in the credit standing of an issuer, the condition of

counterclaims. Since the Group banks make arrangements

underlying assets, and differences in syndication schemes.

for programs to liquefy assets to enable customers to raise

The risk management divisions gain an understanding of

funds, they have an appropriate understanding of the “struc-

these “structural features” and monitor “the condition of the

tural features” that give rise to risks particular to securitized

underlying assets” and “information that requires continued

products. Also, Group banks have systems in place to gain

surveillance related to these structural features.” The risk man-

an understanding of the “condition of the underlying assets”

agement divisions also confirm that credit enhancements are

at all times.

holds a portion of such securitized claims, these claims may be included among securitization exposure. When assets held by the Group banks are securitized, various relevant laws and regulations are confirmed and judgments are made regarding the effects of risk transfer, the appropriateness of transaction schemes, and other considerations.

[ Example of ABCP Program Scheme]

Bank Backup line

Notes and accounts receivable Obligator

Transfer of claims Special-purpose company (SPC)

Originator (customer) Sales, etc., of goods


Issue of ABCP

Payment for claims


Investors Payment


277

Credit Risk Mitigation Techniques Credit risk mitigation is possible by taking measures to pro-

managed by regular appraisal of their values. Additionally,

vide coverage for credit exposure, such as taking collateral,

guarantees of all types, agreements on bank transactions

guarantees, and other methods that supplement the oblig-

that allow for a netting of unpledged deposits and loans obli-

or’s credit standing and enhance the quality of credit expo-

gations, and cross-netting contracts for derivative transac-

sure.

tions and repurchase agreements are among the credit risk

Eligible collateral includes deposits held at Resona Group

mitigation techniques. The Resona Group considers profits

banks, Japanese Government Bonds and other bonds or

and cash flows generated by an obligor to be the primary

stocks of listed companies and other marketable securities,

source for repayments and makes efforts not to depend too

commercial bills, real estate, and other items. This pledged

much on collateral and guarantees for collecting and recov-

collateral is retained under strict standards and properly

ering credits.

Derivative Transactions Policies Regarding Setting Credit Lines

Policies Regarding Collateral

and Risk Capital Allocation

and Calculation of Reserves

Regarding counterparty risk in derivative transactions, the

In addition to the management of loans and other forms of

Group banks add this risk to the credit risk relating to loans

credit, Resona Group banks adhere to the strict control of

and other transactions with the same counterparty to super-

credit lines and the status of collateral pledged. Furthermore,

vise and manage credit risk in a comprehensive manner.

Resona Group banks calculate amounts of loan loss reserves

Group banks make proper credit judgments and establish

based on their criteria for self-assessments of asset quality,

credit lines based on the Group Credit Policy, which estab-

write-offs, and provisions of loan loss reserves.

lished the principles, rules, and guidelines for actions related to credit risk management. Unlike risk arising from loans and

Impact of Additional Collateral Required

other credit-providing activities, the credit risk amount arising

due to Deterioration of Own Credit Standing

from derivative transactions fluctuates according to market

In its market-related business activities such as derivative

trends. For this reason, the credit risk amount after transac-

transactions with collateral agreements, the Resona Group

tions have been conducted is monitored periodically accord-

works to manage counterparty risk through such frame-

ing to a method that takes account of the fair value and

works as establishing credit lines for individual counter-

future risks (the “current exposure” method). In transactions

parties. In the event that the Resona Group is forced to

with financial institutions, Group banks set credit lines based

additionally pledge qualified financial assets as collateral due

on the credit rating of such financial institutions, prevailing

to a deterioration in its credit standing, or that transaction

financial conditions, and other considerations. In addition,

volumes exceed, or are expected to exceed, the credit lines

the risk capital for derivative transactions is included in the

established due to market and transaction conditions, it will

risk capital allocated to credit and market risks.

review and adjust transactions with applicable counterparties or review and revise, if deemed necessary, policies relating to transactions of applicable financial products.

278




MARKET RISK MANAGEMENT

Market Risk Management Methods

Basic Approach to Market Risk Management

All Group banks estimate the fair value of market transac-

Market risk is the risk of losses that may occur when the

tions and establish limits on risk capital, loss limits, and sen-

value of assets and liabilities (including off-balance sheet

sitivity*1 by types of instruments.

assets and liabilities) changes because of fluctuations in

In principle, the status of observance of various limits is

market risk factors, including interest rates, foreign currency

monitored on a daily basis and, in some cases, on a monthly

exchange rates, and stock prices.

basis, to ensure that limits are maintained and assess profits

The Resona Group works to maximize the profit it gener-

and losses. The potential loss amount based on certain

ates from market transactions while restraining the inherent

stress scenarios is calculated on a regular basis.

losses that may arise from market transactions within a

Resona Holdings supervises risk in the Group as a whole,

specified limit. The objective of this approach is to simultane-

and, as necessary, provides guidance and advice to the

ously enhance the efficiency of its capital and ensure the

Group banks.

soundness of management of the Resona Group through

*1 The amount of fluctuation in the fair value of a market transaction corresponding to a change in market price indices. An example of this is basis point value (BPV), which reflects a change in fair value based on a 0.01% change in the interest rate.

the appropriate and strict management of market risk. [ Group VaR Performance ]

The VaR for Resona Bank, Saitama Resona Bank, and The Kinki Osaka Bank in the period from April 1, 2011 to March 31, 2012 was as follows.

Resona Bank (Billions of yen)

Period end Maximum

2.65 51.1

Trading transactions Banking transactions

Minimum

Average

1.37 29.3

2.42 42.9

3.87 55.3

* Excludes equity investments held for relationship purposes.

Trading transactions

Banking transactions

Confidence interval

99%

99%

Holding period

10 business days

20 business days

Observation period

One year

Five years

Risk measurement method

Historical Simulation Method


Saitama Resona Bank (Billions of yen)

Period end Maximum

0.03 8.3


Minimum

Average

0.02 7.2

0.04 7.8

0.06 8.8




Confidence interval

99%

99%

Holding period

10 business days

20 business days

Observation period

One year

Five years




The Kinki Osaka Bank (Billions of yen)


Period end Maximum

0.00 8.8

Minimum

Average

0.00 8.1

0.04 9.1

0.26 9.8




Confidence interval

99%

99%

Holding period

10 business days

125 business days

Observation period

One year

Five years




Equity Exposures in the Banking Book For investments in funds in the banking book, which are held

Also, the middle office, which is independent of the front

for investment purposes or for relationship purposes, and for

office, supervises these investments by quantifying various

investments in equities, which are held for relationship pur-

risks on a portfolio basis. The Group banks calculate the risk

poses and other strategic objectives, the Resona Group

of price fluctuations using the VaR method, employing a

banks strictly select, only after prior analysis of each issuer,

holding period of 125 business days with a confidence inter-

such investments according to the rules and regulations set

val of 99%.

internally. In addition, to restrain excessive risk taking, the

Furthermore, for non-marketable securities held by the

Group banks set position limits in advance on such invest-

Resona Group banks, risks in association with holding such

ments, quantify the risk involved, and report such data to the

securities are being measured in terms of credit risk, regard-

management on a regular basis.

less of their type, such as available-for-sale securities and stocks of subsidiaries and affiliated companies.




279

Interest Rate Risk in the Banking Book Risk Management Policies and Procedural Overview

Outline of Methods Used by Resona Group to

With the aim of stabilizing and maximizing earnings, the

Measure Interest Rate Risk in the Banking Book

Resona Group banks strive to manage interest rate risk in

The methods used by the Resona Group to measure interest

the banking book in an appropriate manner through close

rate risk in the banking book for internal control purposes

observation of interest rate fluctuations and overall economic

are outlined as follows:

conditions and optimal risk diversification. In principle, the

• Holding period:

Resona Group banks engage in derivative transactions primarily for the purpose of hedging risks. Detailed procedures

Resona Bank, Saitama Resona Bank: 20 business days The Kinki Osaka Bank: 125 business days

are the same as those followed in the risk management of

• Confidence interval: 99%

trading transactions: The Resona Group banks allocate risk

• Observation period: 5 years

capital and establish loss limits to restrain excessive risk

• Risk measurement methods: Historical Simulation Method

taking, while the middle office, independent of the front

• Other major assumptions: Among liquid deposits without

office, monitors interest rate and other risks, in principle, on

maturity dates, for those that have been held in accounts

a daily basis. In addition, the middle office monitors the sta-

for long periods (core deposits), Resona Bank and

tus of risk limit observance and earnings. The results of such

Saitama Resona Bank, beginning in April 2010, and The

monitoring are regularly reported to the management to

Kinki Osaka Bank, beginning in October 2010, began to

assure appropriate risk management.

estimate their balances with an internal model and calcu-

In addition to ordinary risk measurement, the Resona

late the interest rate risk for a maximum period of 10 years

Group banks regularly conduct stress-testing to quantify the

and an average period of five years. In addition, to calcu-

impact of sudden changes in market conditions. The

late the interest rate risk of possible prepayments of hous-

Resona Group performs monitoring in conjunction with the

ing loans, future cash flows are estimated based on

quantified amounts while applying the results of such quan-

analysis of actual records of the time intervals from the

tification in its comprehensive risk management.

time loans were made to early repayments.

LIQUIDITY RISK MANAGEMENT

Assessment of Liquidity Risk

Basic Approach to Liquidity Risk Management

Resona Holdings and Group banks conduct assessments of

Liquidity risk is the risk of losses that may occur when a

the level of liquidity risk and make decisions as to whether

party has difficulty in securing the cash required for meeting

conditions are normal or in need of attention. When condi-

the cash flow requirements arising from the mismatching of

tions are found to be in need of attention, such conditions

the maturities of fund uses and fund sources and/or to cover

are further subdivided as follows: Phase 1 (Caution

an unexpected outflow of funds and, as a result, is forced to

required), Phase 2 (Concerned situation), and Phase 3

raise funds at higher than normal rates, thus incurring losses

(Critical). After the level of liquidity risk has been identified,

(cash management risk). Liquidity risk losses may also occur

systems have been developed to take predetermined specif-

when dislocations and other problems in the market make it

ic measures in a timely and appropriate manner.

impossible for parties to conduct transactions, and, as a

Also, in making such assessments regarding the level of

result, they are obliged to engage in transactions at highly

liquidity risk, we make comprehensive evaluations, analyzing

unfavorable prices (market liquidity risk).

the situation by looking at both Groupwide external factors

We have developed systems for management of liquidity

(the price of Resona Holdings stock, the Company’s credit

risk that require periodic and appropriate monitoring activi-

rating, reputational factors, the economic climate, and mon-

ties and reports to management. Resona Holdings, which is

etary policies) and internal factors (deposits and market bor-

responsible for overall management supervision, has estab-

rowings that indicate the stability of funds operation at

lished a liquidity risk management unit, and has developed

Group banks).

overall Group systems for managing liquidity risk.

280




Liquidity Risk Indicators

make daily reports to Resona Holdings on the status of prin-

All Group banks establish essential liquidity risk indices based

cipal liquidity risk indices.

on their size and special characteristics as well as their liquidity condition, and use these to monitor liquidity. In addition, prior

Response System for Liquidity Emergencies

discussions are held with Resona Holdings as necessary to

To deal with liquidity emergencies, Resona Holdings con-

establish and manage guidelines for liquidity risk indices.

venes a meeting of the Group Liquidity Risk Management

Based on the understanding that it is particularly important to

Committee. Each of the Resona Group banks deals with liq-

hold an ample volume of liquid assets to maintain stable funds

uidity emergencies in a similar way by convening meetings of

operation, each of the Group banks has established guide-

liquidity risk management committees. Moreover, in the

lines for minimum levels of amounts of liquid assets they will

event that the emergency is a serious crisis or is likely to

hold, based on their size and nature of their operations.

become one, a Crisis Response Headquarters—headed by

These guidelines are followed strictly on a daily basis to

the president—is formed to organize the response.

implement smooth funds operation. Moreover, Group banks

OPERATIONAL RISK MANAGEMENT

potential and inherent risks and discussing measures to

Basic Approach to Operational Risk Management

prevent incidents that will have a major impact on business

Operational risk is the risk of losses that may occur when

or result in losses or inconvenience for our customers. We

internal processes, personnel, and/or systems function

also promote the full preparedness of our management sys-

improperly or fail to function and when external factors result

tems by including outsourced operations within the scope of

in such losses. Operational risks encompass a wide range,

our operational risk management activities. In addition, to

including processing, systems, legal, and compliance risks,

grasp the degree of the impact that potential operational

and such risks may arise in all business processes, prod-

risks might have on their businesses, we will quantify opera-

ucts, and services.

tional risks and use this information as a part of comprehen-

In dealing with operational risks, the Resona Group works

sive risk management.

to manage and reduce risks by identifying and evaluating [ Classification of Operational Risk ] Risk Categories Adopted by Resona Group

Processing risk

Specific Examples

(Possible internal and external examples)

Fraud

• Embezzlement of customer deposits • Misappropriation of the bank’s assets • Intentional unauthorized trading, fabrication

Processing errors

• Loss due to processing error • Loss or accidental disposal of important items • Loss due to failure to meet due date

Systems risk

• Systems failure • Hacking, infection with computer viruses

Legal and compliance risks

• Loss due to violation of duty to explain • Misuse of a stronger bargaining position

Trust asset management risk

• Loss due to misfeasance • Failure to perform fiduciary duties • Violation of management guidelines

Disasters

• Cessation of business activities due to disaster or power outage

External crime

• Compensation for damage due to counterfeit or stolen cards • Damage due to robbery, theft

Other operational risk Defects of facilities and equipment

Human resources management



• Damage to equipment due to natural disasters and terrorism • Loss compensation caused by defective equipment • Litigation over unpaid allowance for overtime work • Compensation for work-related accident cases • Settlement package for sexual harassment lawsuit, etc.


281

Operational Risk Management Structure

Responding to Emerging Risks

Resona Holdings provides guidance and advice to all

If an incident happens at a Group bank that may give rise to

Resona Group banks on their risk management structure

significant operational risks, a system is in place that

through prior consultations over their risk management poli-

requires making an initial report to management teams at

cies, rules and regulations, and important measures for

the respective bank and Resona Holdings as well as any

operational risk management. It also monitors conditions

other relevant parties. This system works to promote infor-

of operational risk with each Group bank and reports to

mation sharing regarding potential cases of operational risk

the management.

by ensuring rapid reporting to management teams as well as

Furthermore, Resona Holdings and each Group bank

relevant parties.

maintain a structure in which the Board of Directors,

In the event that a risk materializes and has a substantial

Executive Committee, divisions responsible for comprehen-

impact on the business, under this system, we can endeavor

sive risk management, divisions responsible for managing

to make a rapid and appropriate initial response to prevent

each category of risk, and internal auditing departments play

further impact.

their clearly defined roles and ensure collaboration as well as mutual checking.

Operational Risk Control Self-Assessments We conduct operational risk assessments (Operational

Collection and Use of Loss Data

Risk—Control Self-Assessment [OpR-CSA]) and evaluate

The Resona Group uses unified Group standards to collect

the status of risks inherent in all operations (frequency of

loss data related to operational risks. Based on these data,

potential risks materializing and their impacts) as well as the

Group banks and Resona Holdings analyze operational risks

status of risk management (design of systems and their

that have become evident. In addition, to grasp the degree of

operating condition) to handle inherent risks.

the impact that potential operational risks might have on their

Based on operational risk assessments, we work to make

businesses, they use loss data to quantify operational risks

improvements in the status of controls based on a manage-

and use this information as a part of comprehensive risk

ment enhancement plan to prevent major incidents and, by

management.

establishing and monitoring a risk index, to identify the status of risk at an early stage.

Processing Risk Processing risk is the risk of losses that may occur when

Clerical work processing that occurs at branch offices is

management and/or staff fail to perform processing work

verified to ensure that internal control functions are working

accurately and when an accident or fraud occurs.

to

Accurate and fast processing is necessary for banks to earn customer trust. To accurately and quickly handle the

prevent

processing

errors

and

misconduct.

Representatives from the Head Office’s administration departments visit branch offices to provide advice.

high-volume, extremely time-sensitive transaction process-

For risks that have occurred, we collect data on clerical

ing that arises in the wide spectrum of banking operations,

errors and operational mistakes, and conditions for occur-

we must have measures in place to control and minimize

rence and degree of impact are scrutinized and assessed.

processing risks. To this end, we are continuing to take ini-

After understanding all factors through a multifaceted analy-

tiatives to understand processing errors and other risks that

sis, operational processes are reviewed and training to pre-

have emerged and conduct monitoring activities.

vent recurrence is thoroughly implemented.

To prevent processing errors, the Group banks have pro-

On the other hand, in the case of inherent risks, we identi-

cessing procedures in place and conduct employee education

fy and assess such risks based on the status of control defi-

and training. Furthermore, the Group is promoting systemati-

ciencies that have been discovered, the actual situations in

zation to reduce processing errors and carries out ongoing

practice based on on-site inspections, and other informa-

reviews of its work procedures and processing to make them

tion, and then develop corrective measures based on the

simpler and concentrate handling in specific centers.

level of importance.

282




Systems Risk Systems risk is the risk of losses that may occur when com-

management. Under these management systems, Group

puter systems are down or perform improperly as a result of

banks work to improve information security by taking quick

defects. Systems risk may also arise and result in losses

and appropriate action to deal with systems failure, by rais-

when computers are used improperly.

ing the quality of information systems to prevent failures,

Our basic approach to the management of systems risk is

establishing measures to prevent the spread of risk when

to examine risks that have occurred because of systems fail-

failures occur, and prevent the loss or leakage of customer

ure and make assessments, etc., of risks inherent in each

information. Further, we have a contingency plan in place to

type of system.

handle such emergencies as systems failures or disasters.

The Group banks have established systems risk management guidelines as the basis of their systems risk

Legal and Compliance Risks Legal and compliance risks are the risk of losses that may

Efforts to Prevent Financial Crime

occur when legal regulations and contracts are violated and

In recent years, incidence of financial crime has been on the

when fraudulent contracts are concluded. Such risk may

rise. The Resona Group has taken action to strengthen

also arise when improper conduct occurs, such as violation

identity verification to prevent disbursements with stolen

of the duty to give proper explanations to clients and

passbooks, money laundering, and the establishment of

improper use of a superior or advantageous position.

accounts for improper uses. We strive to protect the pre-

To manage legal and compliance risks, we identify,

cious assets of our customers, and as countermeasures to

assess, and gain an understanding of inherent risks as well

forged and stolen bank cards, we have implemented a ser-

as the risks that have already occurred, take appropriate

vice where individuals can set limits on the amount of money

measures to prevent such risks before they occur and pre-

that can be withdrawn from ATMs, a card lock service, and

vent recurrences, and work to monitor and reduce such

an IC card with a biometric verification function. To deal with crimes involving deceptive requests for bank

risks. Specific related activities at Group banks include con-

transfers, we have provided toll-free numbers in each of the

ducting systematic training on inherent risk for management

Group banks for making related inquiries. We are also

and employees to raise their awareness of compliance

accepting requests for return of such funds (when they

issues. Along with heightening the awareness of legal and

remain in the accounts of the perpetrators of these crimes),

compliance risks, we also have the Legal and Compliance

in accord with the Law for Relief to Persons Victimized by

Risk Management divisions and others conduct compliance

Deceptive Transfer Requests.

checks and provide guidance and advice with the objective

In addition, when customers begin transactions, we are

of preventing the occurrence and recurrence of such risks.

beginning to request and receive pledges with clauses (anti-

Also, under the Group banks’ compliance and other pro-

social group clauses) that they are not currently linked to and

grams, verifications are made of the status of controls, and

will not have future connections with anti-social groups. If

measures are taken to reduce risk through initiatives, such

this pledge is broken and this corresponds to anti-social

as reflecting compliance in business processes and conduct

forces, the Group banks have introduced a pledge with a

of compliance programs.

clause (known as the “exclusion of anti-social forces clause”)

Regarding legal and compliance risks that have occurred, we identify and assess the impact of the occurrence of such

that provides the legal basis for taking stronger steps to suspend transactions with such forces.

risks and, after analysis of the related facts, take appropriate measures to prevent a recurrence. In addition, the Legal and Compliance Risk Management divisions compile and manage information related to lawsuits to provide for systems for gaining an accurate grasp of risks involved in such lawsuits and other litigation.




283

Trust Asset Management Risk Trust asset management risk is the risk of losses that may

To manage trust asset management risk, the units in

occur when a trustee, in the course of managing trust

charge of such risk monitor periodically and manage the sta-

assets, fails to fulfill his/her fiduciary responsibilities and does

tus of compliance with management guidelines and the

not exercise the due care that is the responsibility of a pru-

appropriateness of asset management activities. For risks

dent manager, thus resulting in loss of trust assets and the

that have occurred, depending on the causes, we take steps

need to compensate clients for such losses.

needed to prevent recurrences by calling attention to these

In managing and administering trust funds, we are

matters in the relevant business units, reviewing business

required to fulfill our fiduciary responsibilities and provide

processes, conducting thorough training programs, and tak-

valuable advice to customers. Resona Bank’s principal busi-

ing other measures. For inherent risks, we implement

nesses are managing and administering important customer

reviews of the items being monitored and the frequency of

assets, including their pension funds, and we recognize that

monitoring with the objective of controlling and reducing risk.

the fulfillment of fiduciary responsibility is an especially

In addition, in the management and supervision of trust

important role. Risks inherent in the management of trust

asset management activities, we are examined by an exter-

assets, which are borne by trust managers, are in one or

nal auditing organization according to U.S. Statement on

more of the categories of processing, systems, and legal

Standards for Attestation Engagements No. 16 (SSAE 16),

and compliance risk. To fulfill their responsibilities, trust man-

and our trust asset management operations have been

agers must fulfill their fiduciary duties and have an aware-

found to be in compliance with that auditing standard.

ness of the risks of trust asset management. They are required to identify, assess, understand, manage, and work to reduce such risks from the perspectives of an understanding of risks that have occurred and inherent risks that may occur.

REPUTATIONAL RISK MANAGEMENT

Specifically, we strive to identify emerging reputational risk

Reputational risk is the risk of losses that may occur when

at an early date by checking for rumors on the Internet,

reports in the media, rumors, false information, and

speculative articles in the mass media, and other information

unfounded reports have a detrimental effect on a company’s

carried in various media. In addition, to prevent the appear-

reputation.

ance of reputational risk as a result of the use of social

Reputational risk is linked to all other types of risk, and in

media, we have prepared our Social Media Policy.

the event that reputational issues arise, there is a possibility

When reputational risk materializes, we protect the inter-

that they could cause more unfavorable consequences than

ests of our stakeholders (shareholders, customers, and

might be expected, including loss of trust, a fall in share

employees) with a quick and appropriate response to pre-

prices, fewer transactions, and damage to the brand.

vent further impact. If there is a possibility that Group opera-

In the Resona Group, we position reputational risk as an

tions will be affected, and when the degree of crisis is high,

important area for management attention and take preven-

matters will be handled promptly by the Crisis Management

tive measures against the emergence of reputational risk by

System.

maintaining and enhancing trust through the timely and appropriate disclosure of information.

Responses to external inquiries are centralized at Resona Holdings, rather than at individual Group companies, so as to preserve the consistency of the Group’s information disclosure to the media.

284




CAPITAL MANAGEMENT SYSTEMS

Resona Group’s Response to the Basel Regulations

policies for capital management. These policies set forth

Japanese banks adopted the Basel II capital adequacy stan-

taking actions for the proper capital assessment, and (3) tak-

dards, which are a framework aimed at securing the sound-

ing initiatives for the accurate computation of the capital ade-

ness of banks through enhancement of capital, from the

quacy ratio (Note 1). The Group is also moving forward with

fiscal year ended March 31, 2007.

initiatives to enhance the level of risk management.

Basel II Framework

Method for Calculating the Capital Adequacy Ratio

(1) taking actions for maintaining a sufficient level of capital, (2)

Components of Basel II-Three principal pillars

Pillar 2

Self-assessment and supervisory review Establishment of a capital adequacy assessment process • Grasp of risk not recognized in Pillar 1 • Stress testing Establishment of robust risk management systems

Evaluation and review by regulatory authorities

Market discipline Appropriate disclosure of information related to Pillar 1 and Pillar 2

Evaluation by the markets

Pillar 3

Pillar 1

Minimum capital requirements Calculation of required capital for credit risk, market risk, and operational risk Allow selection of calculation method (some of which require approval of regulatory authorities)

Basel II is a structure which constitutes of three basic pillars. It aims to enforce actions to be taken by bank management in order to enhance capital adequacy as well as to inform public financial stability of the bank.

Amount of Credit Risk Assets

Resona Holdings, Inc. Resona Bank, Ltd. Saitama Resona Bank, Ltd. The Kinki Osaka Bank, Ltd.

Foundation Internal Ratings-Based (F-IRB) Approach

Operational Risk Equivalent Assets The Standardized Approach (Note 2)

Note: The amount equivalent to market risk is not included since all Group banks apply the “special measure for exempting inclusion.” Notes: (1) The Resona Group banks use the method shown above in calculating their capital ratios. The capital adequacy ratios of Resona Holdings and Group banks are calculated according to domestic capital adequacy standards, based on notifications regarding capital adequacy ratios. Notes: (2) Under the Standardized Approach, the amount equivalent to operational risk is calculated based on “gross profit” for the previous three years. The “gross profit” is defined under the Notification on Consolidated Capital Adequacy and differs from the “gross operating profit” that appears on the Resona Group’s financial statements.

Beginning in March 2013, the Basel III framework, which calls for enhancing both the quality and quantity of capital, is scheduled to be implemented to Japanese banks which adopt BIS international standards. The Resona Group is

To secure sufficient capital for the Resona Group, in line

keeping a close watch on the status of the Basel III frame-

with the Basel II framework, Resona Holdings has established

work applicable to banks which adopt Japanese domestic

a “Basic Policy for Group Capital Management,” while all

standards, and is moving forward to be fully prepared to suf-

Resona Group banks have established their own basic

ficiently satisfy the new regulations.

Resona Group’s Capital Management

Trends in the Consolidated Capital Adequacy Ratio of Resona Holdings, Inc.

The Resona Group must conduct capital management that achieves a harmony of “securing sufficient capital both in terms of quality and quantity” and fulfill its mission of “provid-

(%)

ing smooth financing to its domestic customers.”

14

Capital adequacy ratio 13.45%

12 Providing smooth financing to domestic customers

Securing sufficient capital both in terms of quality and quantity

Increase value for holders of common shares

10

9.92%

10.20%

13.19% 11.21% 9.32% 7.51%

8

Resona’s capital management

Tier 1 capital ratio

13.81%

6 Repayment of public funds

4

Mar. 31, 2009

Mar. 31, 2010

Mar. 31, 2011

Mar. 31, 2012

In addition, the Resona Group is concentrating on allocating its capital, such as on domestic lending, which constitute

Beginning in December 2011, regulations, mainly those

its core assets, and is implementing the following measures

regarding securitized products and the trading book, were

related to capital management and risk management.

strengthened (Basel II.5), but since the Resona Group has taken

• Strengthening its tolerance for stress in its lending activities (through building a low-risk loan portfolio, with an emphasis on relatively small loan amounts dispersed over many borrowers, lending secured by credit guarantee associations, and housing loans) • Conducting detailed analysis of asset content • Taking early action in dealing with assets where there is a possibility of expanding losses • Making no increase in its equity portfolio • Limiting the amount of investment products with complicated risk characteristics (not holding high-risk securitized products)

the policy of sound portfolio management as previously mentioned, the effect on its capital adequacy ratio was slight. The Resona Group is continuing to focus on “adequate capital management and strict risk management” to avoid capital losses and maintain a sound asset portfolio.

Low risk, sound asset portfolio

Strength of the Resona Group




285

Governance and Implementation of the PDCA Cycle in Capital Management

(Risk Management Division) each play their respective rolls

Resona Holdings and all Group banks believe that, to main-

limits, monitoring compliance with these plans, analyzing

tain sound and stable business operations, securing suffi-

and evaluating the actual results, and assessing the level of

cient capital to cover the risk taken is extremely important.

capital adequacy.

such as deciding the capital adequacy ratio plans and risk

Accordingly, the Company manages the capital of the

These departments consider policies in response when

Resona Group to maintain the appropriate level of its capital

necessary, and, by conducting sufficient discussion with one

adequacy ratio.

another, they supervise the status of the capital and make

Specifically, departments in charge of capital adequacy

accurate and timely reports to the management.

ratio management (Financial Accounting Division) and

Accordingly, as a result of these activities, the Group is able

departments in charge of comprehensive risk management

to implement flexible measures to manage its capital.

[ Capital Adequacy Assessment System of Resona Holdings, Inc. ]

Capital Management Board of Directors

Capital adequacy ratio management (Regulatory capital)

Executive Committee

Comprehensive risk management (Economic capital)

Financial Accounting Division

ALM Committee


Capital adequacy ratio plan

(1) Deciding the plans

Risk limits plans

Discussion/reporting

Monitoring

Discussion/reporting

Capital adequacy ratio results

(3) Managing the results Discussion/reporting

Confirmation of risk volume in compliance with risk limits

(4) Evaluating the adequacy Stress tests

Assessment of Capital Adequacy

Stress tests

Discussion/reporting > Assessment using a matrix of capital adequacy ratios and risk volume > Assessment using stress tests on both capital adequacy ratios and risk volume

Reviewing the original plans and process management

Reviewing the original plans and process management

(2) Managing the process

Monitoring

(5) Re-examine the results In the event capital is not adequate or a problem is discovered through monitoring: Consider and implement remedial actions, such as review risk limits, risk asset controls, and raising additional capital, etc. Discussion/reporting

Note: Group banks also established the capital management systems that are composed of a department in charge of capital management and a department in charge of comprehensive risk management.

Resona Holdings and Resona Group banks evaluate

calculations (such as credit concentration risk, interest rate

the “level of capital adequacy” from two perspectives: 1)

risk in the banking book, and other risks), we make com-

management of the capital adequacy ratio based on the

prehensive assessments of capital adequacy.

Basel II regulations and 2) comprehensive risk manage-

Under this system for capital management, during the fis-

ment. In addition, to prepare for risks that may emerge

cal year ended March 31, 2012, Resona Holdings and

under unforeseen conditions, we conduct a range of

Resona Group banks continued to secure a level of capital

stress tests to measure the impact under various scenar-

sufficient for sustaining the sound and stable operation of

ios, and, by taking account of the principal risks that are

their business activities.

not included in pillar 1 of the Basel II capital adequacy

286




Laporan Keuangan Konsolidasian dan Informasi Tambahan. Consolidated Financial Statements and Supplementary Information

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